BARINGS CORPORATE INVESTORS 4
4 · BARINGS CORPORATE INVESTORS · Filed Jun 7, 2017
Insider Transaction Report
Form 4
Erwin Robert David
Other
Transactions
- Sale
Common Shares ("Shares of Beneficial Interest")
2017-06-05$15.16/sh−1,000$15,156→ 4,593.045 total - Sale
Common Shares ("Shares of Beneficial Interest")
2017-06-06$15.18/sh−2,000$30,350→ 2,593.045 total
Holdings
- 8,786.677
Babson Capital Non Qualified Thrift Plan
→ Common Shares ("Shares of Beneficial Interest") (8,786.677 underlying)
Footnotes (2)
- [F1]Barings LLC (fka Babson Capital Management LLC) and Massachusetts Mutual Life Insurance Company 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 Barings 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 Barings Corporate Investors represented by the value of the Barings Corporate Investors investment option under the plan held by the plan participant.
- [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.