Principal Life Insurance Co - Nov 13, 2023 Form 4 Insider Report for Kayne Anderson NextGen Energy & Infrastructure, Inc. (KMF)

Role
10%+ Owner
Signature
Dennis Menken, Chief Investment Officer Principal Life Insurance Company
Stock symbol
KMF
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
4
Date filed
11/15/2023, 08:13 PM
Previous filing
Nov 13, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMF Mandatory Redeemable Preferred Shares, Series I Disposition pursuant to a tender of shares in a change of control transaction -160K -100% 0 Nov 13, 2023 Direct F1
transaction KMF Mandatory Redeemable Preferred Shares, Series J Disposition pursuant to a tender of shares in a change of control transaction -120K -100% 0 Nov 13, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement between issuer and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN). KMF stockholders received either (i) newly issued common stock of KYN ("Stock Consideration") or (ii) cash ("Cash Consideration"), subject to the adjustment and proration procedures as set forth in the merger agreement.

Remarks:

This Form is filed by Principal Life Insurance Company (PLIC), with respect to the shares held directly by it, and by Principal Global Investors (PGI), with respect to the shares held indirectly by it. Each of PLIC and PGI expressly disclaims any beneficial ownership of the shares, except to the extent of its pecuniary interest therein, pursuant to Section 16.