SEC Form 4 · accession 0001209191-17-016708
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 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:48 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 | 6,660 | $52.44 | A | 27,441 | D | |
| Common Stock | Feb 28, 2017 | D | 6,660 | $52.44 | D | 20,781 | 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)F2 | $52.44 | Feb 28, 2017 | A | 25,744 | A | — | Feb 27, 2027 | Common Stock | 25,744 | 25,744 | D |
| Restricted Units (Cash-Payable)F3,F4 | — | Feb 28, 2017 | A | 8,582 | A | — | — | Common Stock | 8,582 | 8,582 | D |
Explanation of responses
- F1Cash payout of 2014-2016 Performance Units, following determination of the performance factor for such award. Each Performance Unit is settled in cash equal to the closing price of one share of MetLife, Inc. common stock on the payout date.
- F2The options become exercisable in three equal installments on February 28, 2018, 2019, and 2020.
- F3Each Restricted Unit is the contingent right to receive cash equal to the closing price of one share of MetLife, Inc. common stock on the vesting date.
- F4The Restricted Units vest in three equal installments on the first business day in March 2018, 2019 and 2020.