BlackRock Enhanced Large Cap Core Fund, Inc. — Director's Dealing 2023

Feb 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. (CII)
CIK: 0001278895
Period of Report: 2023-01-31

Reporting Person: McClements Kyle (Portfolio Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-31	Common Stock	M	1211.0444	—	Acquired	6803.2834	Direct
2023-01-31	Common Stock	D	1211.0444	$18.54	Disposed	5592.239	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-31	Phantom Shares	$	A	874.7977	Acquired		Common Stock (874.7977)	Direct
2023-01-31	Phantom Shares	$	M	588.0059	Disposed		Common Stock (588.0059)	Direct
2023-01-31	Phantom Shares	$	M	623.0385	Disposed		Common Stock (623.0385)	Direct

Footnotes

F1: A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.

F2: As previously reported on a Form 4 dated February 3, 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.

F3: 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.

F4: These phantom shares vest in equal installments on each of the first three anniversaries of the award.