BlackRock Resources & Commodities Strategy Trust — Director's Dealing 2023

Feb 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BlackRock Resources & Commodities Strategy Trust (BCX)
CIK: 0001506289
Period of Report: 2023-01-31

Reporting Person: Holl Thomas (Portfolio Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-31	Common Stock	M	4229.6445	—	Acquired	4229.6445	Direct
2023-01-31	Common Stock	D	4229.6445	$10.54	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-31	Phantom Shares	$	A	4995.2562	Acquired		Common Stock (4995.2562)	Direct
2023-01-31	Phantom Shares	$	M	2429.9108	Disposed		Common Stock (2429.9108)	Direct
2023-01-31	Phantom Shares	$	M	1799.7337	Disposed		Common Stock (1799.7337)	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 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.

F3: As previously reported on a Form 4 dated February 4, 2020, the Reporting Person was granted phantom shares on January 31, 2020 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.