SEC Form 4 · accession 0001209191-17-016701
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin J Lippert
Officer — EVP Global Technology
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:47 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 Stock | Feb 28, 2017 | A | 11,100 | $52.44 | A | 64,652 | D | |
| Common Stock | Feb 28, 2017 | F | 4,661 | $52.44 | D | 59,991 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $52.44 | Feb 28, 2017 | A | 42,907 | A | — | Feb 27, 2027 | Common Stock | 42,907 | 42,907 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 28, 2017 | A | 14,303 | A | — | — | Common Stock | 14,303 | 14,303 | D |
Explanation of responses
- F1Shares acquired from the payout of 2014-2016 Performance Shares following determination of the performance factor for such award.
- F2Shares withheld to satisfy the Reporting Person's tax withholding obligation due on the Performance Share payout.
- F3The options become exercisable in three equal installments on February 28, 2018, 2019, and 2020.
- F4Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
- F5The Restricted Units vest in three equal installments on the first business day in March 2018, 2019 and 2020.