SEC Form 4 · accession 0001209191-17-016567
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Goulart
Officer — EVP & Chief Investment Officer
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:21 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 28, 2017 | M | 3,243 | — | A | 53,602 | D | |
| Common Stock | Feb 28, 2017 | F | 1,197 | $52.49 | D | 52,405 | D | |
| Common StockF1 | Feb 28, 2017 | M | 2,667 | — | A | 55,072 | D | |
| Common Stock | Feb 28, 2017 | F | 994 | $52.49 | D | 54,078 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 28, 2017 | M | 3,243 | D | — | — | Common Stock | 3,243 | 3,244 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 28, 2017 | M | 2,667 | D | — | — | Common Stock | 2,667 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
- F2Shares withheld to satisfy the Reporting Person's tax withholding obligation due on the Restricted Share Unit payout.
- F3The Restricted Stock Units vest in three equal installments on February 24, 2016, 2017 and 2018. This installment became payable following the certification on February 28, 2017 that MetLife, Inc. met specified financial goals.
- F4The Restricted Stock Units vested in three equal installments on February 25, 2015, 2016 and 2017. This installment became payable following the certification on February 28, 2017 that MetLife, Inc. met specified financial goals.