Chicares Elizabeth Ward - 13 Jul 2023 Form 4/A - Amendment Insider Report for BARINGS CORPORATE INVESTORS (MCI)

Role
Adviser Board Member
Signature
Latavea Cross as attorney-in-fact
Issuer symbol
MCI
Transactions as of
13 Jul 2023
Net transactions value
+$433
Form type
4/A - Amendment
Filing time
28 Jul 2023, 11:19:17 UTC
Date Of Original Report
17 Jul 2023
Previous filing
30 Jun 2023
Next filing
28 Jul 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCI MassMutual Non-Qualified Thrift Plan Other $433 +28 +0.05% $15.45 53,765 13 Jul 2023 Common Shares ("Shares of Beneficial Interest") 28 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.

Remarks:

Amending original filing SEC Accession No. 0001225208-23-007515, to correct acquisition amount inadvertently reported incorrectly.