Prudential Financial Inc - Sep 9, 2024 Form 4 Insider Report for ClearBridge Energy Midstream Opportunity Fund Inc. (EMO)

Role
10%+ Owner
Signature
Prudential Financial, Inc., By: /s/ Richard Baker, Second Vice President
Stock symbol
EMO
Transactions as of
Sep 9, 2024
Transactions value $
$37,000,060
Form type
4
Date filed
9/11/2024, 07:15 PM
Previous filing
Jun 28, 2023
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMO Series M Mandatory Redeemable Preferred Stock (EMO) Other $11M +314K $35.00 314K Sep 9, 2024 By The Prudential Insurance Company of America, a wholly-owned subsidiary of the Reporting Person F1, F2, F3
transaction EMO Series N Mandatory Redeemable Preferred Stock (EMO) Other $16M +457K $35.00 457K Sep 9, 2024 By The Prudential Insurance Company of America, a wholly-owned subsidiary of the Reporting Person F1, F3, F4
transaction EMO Series R Mandatory Redeemable Preferred Stock (EMO) Other $10M +286K $35.00 286K Sep 9, 2024 By The Prudential Insurance Company of America, a wholly-owned subsidiary of the Reporting Person F1, F3, F5
transaction EMO Series L Mandatory Redeemable Preferred Stock (EMO) Other -$5M -167K -100% $30.00 0 Sep 9, 2024 By The Prudential Insurance Company of America, a wholly-owned subsidiary of the Reporting Person F3, F6
transaction EMO Series L Mandatory Redeemable Preferred Stock (EMO) Other $5M +143K $35.00 143K Sep 9, 2024 By The Prudential Insurance Company of America, a wholly-owned subsidiary of the Reporting Person F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share exchange made in connection with the merger of (i) ClearBridge MLP and Midstream Total Return Inc. (CTR) and (ii) ClearBridge MLP and Midstream Fund, Inc. (CEM) with and into (iii) ClearBridge Energy Midstream Opportunity Fund (EMO), effective September 9, 2024. See separate Form 4 filings for CTR and CEM.
F2 EMO Series M shares issued shares in exchange for CTR Series E Mandatory Redeemable Preferred Stock.
F3 Mandatory Redeemable Preferred Stock owned directly by The Prudential Insurance Company of America, a ten percent owner of a class, and indirectly owned by Prudential Financial, Inc., its parent holding company.
F4 EMO Series N shares issued in exchange for CEM Series I Mandatory Redeemable Preferred Stock.
F5 EMO Series R shares issued in exchange for CEM Series M Mandatory Redeemable Preferred Stock.
F6 EMO Series L share exchange on 9/9/2024 in connection with a change to the applicable Liquidation Preference.