SEC Form 4 · accession 0001209191-18-017293

METLIFE INC · MET

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven A Kandarian

Officer — Chairman, President & CEO · Director

Period of report

Mar 2, 2018

Accepted (ET)

Mar 6, 2018 · 4:39 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^F1	Mar 2, 2018	M	18,151	—	A	360,561	D
Common Stock	Mar 2, 2018	F	6,217	$45.50	D	354,344	D
Common Stock^F1	Mar 2, 2018	M	25,493	—	A	379,837	D
Common Stock	Mar 2, 2018	F	11,982	$45.50	D	367,855	D
Common Stock^F1	Mar 2, 2018	M	18,677	—	A	386,532	D
Common Stock	Mar 2, 2018	F	9,199	$45.50	D	377,333	D
Common Stock	Mar 2, 2018	A	50,424	$45.50	A	427,757	D
Common Stock	Mar 2, 2018	F	24,834	$45.50	D	402,923	D
Common Stock	holding	—	—		—	69,000	I	By GRAT

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F1,F6	—	Mar 2, 2018	M	18,151	D	—	—	Common Stock	18,151	0	D
Restricted Stock Units^F7,F1,F8	—	Mar 2, 2018	M	25,493	D	—	—	Common Stock	25,493	25,494	D
Restricted Stock Units^F9,F1,F10	—	Mar 2, 2018	M	18,677	D	—	—	Common Stock	18,677	37,356	D
Employee Stock Option (Right to Buy)^F11	$45.50	Mar 2, 2018	A	108,768	A	—	Mar 1, 2028	Common Stock	108,768	108,768	D
Restricted Stock Units^F1,F12	—	Mar 2, 2018	A	36,264	A	—	—	Common Stock	36,264	36,264	D

Explanation of responses

F1Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
F10The Restricted Stock Units vest in three installments on March 1, 2018, 2019 and 2020. The requisite certification that MetLife, Inc. met specified financial goals took place earlier.
F11The options become exercisable in three installments on March 2, 2019, 2020 and 2021.
F12The Restricted Stock Units vest in three installments on March 1, 2019, 2020 and 2021.
F2Shares withheld to satisfy the Reporting Person's tax withholding obligation due on the Restricted Share Unit payout.
F3Shares acquired from the payout of the 2015-2017 Performance Share Award following determination of the performance factor for such award.
F4Shares withheld to satisfy the Reporting Person's tax withholding obligation due on the Performance Share payout.
F5Includes 1935 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.
F6The Restricted Stock Units vested in three installments on February 24, 2016, 2017 and 2018. This installment became payable following the certification that MetLife, Inc. met specified financial goals.
F7Includes 2719 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.
F8The Restricted Stock Units vest in three installments on March 1, 2017, 2018 and 2019. The requisite certification that MetLife, Inc. met specified financial goals took place earlier.
F9Includes 1991 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.