0000899243-23-012846.txt : 20230512 0000899243-23-012846.hdr.sgml : 20230512 20230512165846 ACCESSION NUMBER: 0000899243-23-012846 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210412 FILED AS OF DATE: 20230512 DATE AS OF CHANGE: 20230512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Soccio Phillip CENTRAL INDEX KEY: 0001436252 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-09191 FILM NUMBER: 23916785 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNIHOLDINGS QUALITY FUND II, INC. CENTRAL INDEX KEY: 0001071899 IRS NUMBER: 223636347 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK MUNIHOLDINGS INSURED FUND II, INC. DATE OF NAME CHANGE: 20080619 FORMER COMPANY: FORMER CONFORMED NAME: MUNIHOLDINGS INSURED FUND II INC DATE OF NAME CHANGE: 19981009 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2021-04-12 0 0001071899 BLACKROCK MUNIHOLDINGS QUALITY FUND II, INC. MUE 0001436252 Soccio Phillip 50 HUDSON YARDS NEW YORK NY 10001 0 0 0 1 Portfolio Manager 0 Phantom Shares 2021-04-12 4 J 0 885.71 A Common Stock 885.71 885.71 D A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. Phantom shares vest in equal installments on each of the first three anniversaries of the award. As previously reported on Form 4s dated February 4, 2019 and February 4, 2020, Phillip Soccio was previously granted 412.21 phantom shares and 940.1862 phantom shares, respectively, of BlackRock MuniYield Investment Quality Fund ("MFT") on January 31, 2019 and January 31, 2020, respectively, payable in cash upon vesting. As of April 9, 2021, Mr. Soccio held 816.874 phantom shares of MFT, which were comprised of 153.639 phantom shares granted on January 31, 2019 (with one annual vesting installment remaining), as reported on the Form 4 dated February 4, 2019, and 663.235 phantom shares granted on January 31, 2020 (with two annual vesting installments remaining), as reported on the Form 4 dated February 4, 2020. (continued from footnote 2) The annual vesting schedule applicable to each portion of Mr. Soccio's MFT phantom shares was preserved with respect to the phantom shares of MUE (as defined below) that Mr. Soccio received in the Reorganization (as detailed below). Effective as of April 12, 2021, MFT was reorganized into BlackRock Municipal Income Trust II. In the Reorganization, Mr. Soccio received phantom shares of BlackRock MuniHoldings Quality Fund II, Inc. ("MUE") having a value equal to the aggregate market price of the MFT common shares he held as of the close of business on April 9, 2021, calculated using a conversion ratio equal to the market price per common share of MFT relative to the market price per common share of MUE as of the close of business on April 9, 2021. As of April 9, 2021, MFT reported a market price per common share of $14.54 and MUE reported a market price per common share of $13.41. The conversion ratio for MFT's phantom shares was 1.08427. In the Reorganization, Mr. Soccio received 885.71 phantom shares of MUE in exchange for his 816.874 phantom shares of MFT. /s/ Gladys Chang as Attorney-in-Fact 2023-05-12