SEC Form 4 · accession 0001209191-16-127976
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Glenn Hubbard
Director
Period of report
Jun 14, 2016
Accepted (ET)
Jun 15, 2016 · 4:30 pm EDT
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 Stock | Jun 14, 2016 | A | 3,550 | $42.26 | A | 40,291 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Equivalent UnitsF3,F2 | — | Jun 14, 2016 | A | 2,071 | A | — | — | Common Stock | 2,071 | 2,071 | D |
Explanation of responses
- F1These shares were paid pursuant to MetLife, Inc.'s non-management Director compensation arrangements, whereby 50% of annual retainer fees are paid in Company common stock.
- F2Each Common Stock Equivalent Unit is the economic value of one share of MetLife, Inc. common stock.
- F3The Common Stock Equivalent Units were acquired pursuant to the MetLife Deferred Compensation Plan for Non-Management Directors, whereby Directors may elect to defer receipt of cash retainer fees for a specified period of time into a fund that tracks MetLife, Inc. common stock. When such Common Stock Equivalent Units are distributed, they are settled in cash.