SEC Form 4: Maclellan Scott returned $7,858 worth of shares to the company (774 units at $10.15) and converted options into 774 shares

$EGF
Trusts Except Educational Religious and Charitable
Finance
Get the next $EGF alert in real time by email
SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MacLellan Scott

(Last) (First) (Middle)
55 EAST 52ND STREET

(Street)
NEW YORK NY 10055

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BlackRock Enhanced Government Fund, Inc. [ EGF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Portfolio Manager
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2023 M 774.1511 A (1)(2)(3) 774.1511 D
Common Stock 01/31/2023 D 774.1511 D $10.15(1)(2)(3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Shares (1)(4) 01/31/2023 A 517.2414 (1)(4) (1)(4) Common Stock 517.2414 $10.15 517.2414 D
Phantom Shares (1)(2) 01/31/2023 M 251.8503 (1)(2) (1)(2) Common Stock 251.8503 (1)(2) 503.7007 D
Phantom Shares (1)(3) 01/31/2023 M 522.3007 (1)(3) (1)(3) Common Stock 522.3007 (1)(3) 522.3007 D
Explanation of Responses:
1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
2. As previously reported on a Form 4 dated February 2, 2022, the Reporting Person was granted phantom shares on January 31, 2022 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
3. As previously reported on a Form 4 dated February 2, 2021, the Reporting Person was granted phantom shares on January 29, 2021 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
4. These phantom shares vest in equal installments on each of the first three anniversaries of the award.
Remarks:
/s/ Gladys Chang as Attorney-in-Fact 02/02/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Get the next $EGF alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$EGF

DatePrice TargetRatingAnalyst
More analyst ratings

$EGF
Press Releases

Fastest customizable press release news feed in the world

See more
  • BlackRock Announces Closing of Reorganization of BlackRock Enhanced Government Fund, Inc. (EGF) with and into BlackRock Income Trust, Inc. (BKT)

    BlackRock Enhanced Government Fund, Inc. (NYSE:EGF, the "Fund")) has completed its reorganization with and into BlackRock Income Trust, Inc. (NYSE:BKT, the "Funds, " and each, a "Fund")) (the "Reorganization"), effective as of the opening for business of the New York Stock Exchange on Monday, March 24, 2025. In the Reorganization, each EGF shareholder received common shares of BKT in an amount equal to the aggregate net asset value of the EGF common shares held by such shareholder as determined at the close of business on March 21, 2025. No fractional shares of BKT common shares were issued in the Reorganization. As a result, EGF shareholders received cash in lieu of any such fractional sh

    $BKT
    $EGF
    Investment Bankers/Brokers/Service
    Finance
    Trusts Except Educational Religious and Charitable
  • BlackRock Enhanced Government Fund, Inc. (EGF) Announces Shareholder Approval for Reorganization with and into BlackRock Income Trust, Inc. (BKT)

    BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF), shareholders approved the proposals necessary for the previously announced reorganization of EGF with and into BlackRock Income Trust, Inc. (NYSE:BKT) (and together with EGF, "the Funds," and each, a "Fund"), with BKT continuing as the surviving Fund (collectively, the "Reorganization"). It is currently expected that the Reorganization will be completed effective as of March 24, 2025, subject to the satisfaction of customary closing conditions. The Reorganization, if completed, would occur based on the relative net asset values of each Fund's common sha

    $BKT
    $EGF
    Investment Bankers/Brokers/Service
    Finance
    Trusts Except Educational Religious and Charitable
  • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

    Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution     Declaration- 3/3/2025 Ex-Date- 3/14/2025 Record- 3/14/2025 Payable- 4/1/2025     Ticker     Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK $0.050000 - BlackRock

    $BBN
    $BCAT
    $BCX
    $BDJ
    Finance Companies
    Finance
    Finance/Investors Services
    Trusts Except Educational Religious and Charitable

$EGF
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$EGF
SEC Filings

See more

$EGF
Leadership Updates

Live Leadership Updates

See more
  • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

    NEW YORK--(BUSINESS WIRE)--Today, BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NYSE: BIT) (collectively, the “Funds”) paid the following distributions per share: Fund Pay Date Per Share EGF January 11, 2021 $0.041000 DSU January 11, 2021 $0.0

    $BHK
    $HYT
    $DSU
    $BLW
    Finance Companies
    Finance
    Other Consumer Services
    Consumer Discretionary

$EGF
Financials

Live finance-specific insights

See more
  • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

    Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution     Declaration- 3/3/2025 Ex-Date- 3/14/2025 Record- 3/14/2025 Payable- 4/1/2025     Ticker     Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK $0.050000 - BlackRock

    $BBN
    $BCAT
    $BCX
    $BDJ
    Finance Companies
    Finance
    Finance/Investors Services
    Trusts Except Educational Religious and Charitable
  • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

    Today, BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Enhanced International Dividend Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock Health Sciences Term Trust (NYSE:BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE:BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI), BlackRock Enhanced Large Cap Core Fund, Inc. (NYSE:CII), BlackRock Science and Technology Trust (NYSE:BST), BlackRock Science and Technology Term Trust (NYSE:BSTZ), BlackRock Technology and Private Equity Term Trust (NYSE:BTX), BlackRock Capital

    $BBN
    $BCAT
    $BCX
    $BDJ
    Finance Companies
    Finance
    Finance/Investors Services
    Trusts Except Educational Religious and Charitable
  • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

      Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: Declaration- 2/3/2025 Ex-Date- 2/14/2025 Record- 2/14/2025 Payable- 2/26/2025 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Fund, Inc.* MUI $0.055000 - Notes: MUI's distribution payable to shareholders will be paid in cash. MUI will delist from the NYSE on February 14, 2025. Declaration- 2/3/2025 Ex-Date- 2/14/2025 Record- 2/14/2025 Payable- 3/3/2025 Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust*

    $BBN
    $BCAT
    $BCX
    $BDJ
    Finance Companies
    Finance
    Finance/Investors Services
    Trusts Except Educational Religious and Charitable

$EGF
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more