BlackRock Resources & Commodities Strategy Trust — Director's Dealing 2015

Jan 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BlackRock Resources & Commodities Strategy Trust (BCX)
CIK: 0001506289
Period of Report: 2014-12-08

Reporting Person: ROBARDS KAREN P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-08	Common Stock	J	529	—	Acquired	1129	Direct

Footnotes

F1: Effective as of December 8, 2014, BlackRock Real Asset Equity Trust (the "Target Fund") was reorganized into BlackRock Resources & Commodities Strategy Trust (the "Acquiring Fund"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on December 5, 2014, less the costs of the Reorganization. As of December 5, 2014, the Target Fund reported a NAV per share of $9.0440 and the Acquiring Fund reported a NAV per share of $11.9598. The conversion ratio for the Target Fund's common shares was 0.75619994. In the Reorganization, Ms. Robards received 529 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 700 common shares of the Target Fund.