SEC Form 4 · accession 0000899243-17-011225
ClearBridge MLP & Midstream Fund Inc. · CEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 12, 2016
Accepted (ET)
Apr 28, 2017 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001488775
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series F Mandatory Redeemable Preferred StockF2 | Feb 12, 2016 | J | 116 | $102,000.00 | D | 44 | I | Held through subsidiaries |
| Series G Mandatory Redeemable Preferred StockF3 | Feb 12, 2016 | J | 218 | $102,000.00 | D | 82 | I | Held through subsidiaries |
| 3.46% Senior Secured Notes Series I due 6/11/2025F4 | Feb 12, 2016 | J | 576,419 | $587,947.60 | D | — | I | Held through subsidiaries |
| 3.56% Senior Secured Notes Series J due 6/11/2027F5 | Feb 12, 2016 | J | 1,537,118 | $1,567,860.26 | D | — | I | Held through subsidiaries |
| 3.76% Senior Secured Notes Series K due 6/11/2030F6 | Feb 12, 2016 | J | 2,113,537 | $2,155,807.86 | D | — | I | Held through subsidiaries |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported disposition was pursuant to a mandatory redemption by the issuer at a price equal to 102.0% of the face value of the redeemed securities.
- F2American General Life Insurance Company ("AGLIC"), Lexington Insurance Company ("Lexington"), and The United States Life Insurance Company in the City of New York ("USLIC"), each an indirect wholly owned subsidiary of American International Group, Inc. ("AIG") directly hold 1 share, 14 shares and 29 shares, respectively, of the Series F Mandatory Redeemable Preferred Stock (the "Series F MRPS").On July 11, 2016, as part of an exchange of securities baskets, United Guaranty Residential Insurance Company ("UGRIC"), a former indirect wholly owned subsidiary of AIG, transferred 1 share of the Series F MRPS to AGLIC. AIG is an indirect beneficial owner of the Series F MRPS.
- F3AGLIC and Lexington directly hold 56 shares and 26 shares, respectively, of the Series G Mandatory Redeemable Preferred Stock (the "Series G MRPS"). On July 11, 2016, as part of an exchange of securities baskets, UGRIC transferred 1 share of the Series G MRPS to AGLIC. AIG is an indirect beneficial owner of the Series G MRPS.
- F4AGLIC and The Variable Annuity Life Insurance Company ("VALIC"), also an indirect wholly owned subsidiary of AIG, directly hold $1,615,720.52 principal amount and $807,860.26 principal amount, respectively, of the 3.46% Senior Secured Notes, Series I, due June 11, 2025 (the "Series I Notes"). AIG is an indirect beneficial owner of the Series I Notes.
- F5AGLIC directly holds $6,462,882.10 principal amount of the 3.56% Senior Secured Notes, Series J, due June 11, 2027 (the "Series J Notes"). On January 24, 2017, in connection with a basket transaction, Lexington transferred $2,100,436.68 principal amount of the Series J Notes to AGLIC for a total cash consideration of $2,008,124.82. AIG is an indirect beneficial owner of the Series J Notes.
- F6AGLIC and USLIC directly hold $5,978,165.94 principal amount and $2,908,296.94 principal amount, respectively, of the 3.76% Senior Secured Notes, Series K, due June 11, 2030 (the "Series K Notes"). AIG is an indirect beneficial owner of the Series K Notes.
Remarks
Filed pursuant to Section 30(h) of the Investment Company Act of 1940.