SEC Form 4 · accession 0001209191-15-019627
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michel Khalaf
Officer — President, EMEA
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001099219
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | M | 2,500 | — | A | 7,500 | D | |
| Common Stock | Feb 25, 2015 | D | 2,500 | $51.16 | D | 5,000 | D | |
| Common StockF1 | Feb 26, 2015 | M | 3,535 | — | A | 8,535 | D | |
| Common Stock | Feb 26, 2015 | D | 3,535 | $51.03 | D | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Units (Cash Payable)F1,F2 | — | Feb 25, 2015 | M | 2,500 | D | — | — | Common Stock | 2,500 | 5,000 | D |
| Restricted Units (Cash Payable)F1,F3 | — | Feb 26, 2015 | M | 3,535 | D | — | — | Common Stock | 3,535 | 3,536 | D |
Explanation of responses
- F1Each Restricted Unit is the economic equivalent of one share of MetLife, Inc. common stock and will be settled in cash at the closing price of the common stock on the vesting date.
- F2The award of Restricted Units vests in three equal installments on February 25, 2015, 2016 and 2017.
- F3The award of Restricted Units vests in three equal installments on February 26, 2014, 2015 and 2016.