SEC Form 4 · accession 0001209191-18-003933
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Esther Lee
Officer — EVP & Chief Marketing Officer
Period of report
Jan 12, 2018
Accepted (ET)
Jan 17, 2018 · 4:16 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 | Jan 12, 2018 | A | 17,757 | — | A | 19,008 | D | |
| Common Stock | Jan 12, 2018 | F | 7,412 | $53.33 | D | 11,596 | 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 UnitsF3,F1,F4 | — | Jan 12, 2018 | M | 17,757 | D | — | — | Common Stock | 17,757 | 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.
- F3Includes 1,893 Restricted Stock Units previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the Restricted Stock Units in light of the distribution by MetLife, Inc. to its shareholders of Brighthouse Financial, Inc. common stock. The reporting person did not receive shares of Brighthouse Financial, Inc. common stock on account of the Restricted Stock Units.
- F4The Restricted Stock Units were granted on January 12, 2015, and vested on January 12, 2018.