Erwin Robert David 4/A
4/A · MASSMUTUAL CORPORATE INVESTORS · Filed Jul 29, 2011
Insider Transaction Report
Form 4/AAmended
Erwin Robert David
Other
Transactions
- Other
Babson Capital Non Qualified Thrift Plan
2011-07-27$16.60/sh+5,561.068$92,311→ 5,561.068 total→ Common Shares ("Shares of Beneficial Interest") (5,561.068 underlying)
Holdings
- 5,000
Common Shares ("Shares of Beneficial Interest")
Footnotes (3)
- [F1]Amount has been adjusted to reflect the stock split which occurred on February 18, 2011.
- [F2]Exercisable only upon termination, retirement, or other plan permitted event. Plan holdings may be "liquidated" and reallocated into other plan investment options by the plan participant. The derivative has no actual securities underlying the plan agreement, which is entirely notional.
- [F3]Babson Capital and MassMutual each offer a non-qualified compensation deferral plan where certain officers are permitted to defer a portion of their compensation into the plans. Deferred compensation into a plan is allocated among one or more investment options at the election of the plan participant. Each plan has an investment option that derives its value from the market value of MassMutual Corporate Investors' common shares (and includes the value of reinvested dividends). However, pursuant to the terms of the plans, neither the plans nor the participants have an actual ownership interest in the common shares. The shares beneficially owned include the number of shares of MassMutual Corporate Investors represented by the value of the MassMutual Corporate Investors investment option under the plan held by the plan participant.