SEC Form 4 · accession 0001209191-18-017320
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
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 4:49 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 | Mar 2, 2018 | M | 3,631 | — | A | 65,568 | D | |
| Common Stock | Mar 2, 2018 | F | 1,231 | $45.50 | D | 64,337 | D | |
| Common StockF1 | Mar 2, 2018 | M | 6,070 | — | A | 70,407 | D | |
| Common Stock | Mar 2, 2018 | F | 2,079 | $45.50 | D | 68,328 | D | |
| Common StockF1 | Mar 2, 2018 | M | 4,447 | — | A | 72,775 | D | |
| Common Stock | Mar 2, 2018 | F | 1,524 | $45.50 | D | 71,251 | D | |
| Common Stock | Mar 2, 2018 | A | 10,085 | $45.50 | A | 81,336 | D | |
| Common Stock | Mar 2, 2018 | F | 3,793 | $45.50 | D | 77,543 | 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 UnitsF5,F1,F6 | — | Mar 2, 2018 | M | 3,631 | D | — | — | Common Stock | 3,631 | 0 | D |
| Restricted Stock UnitsF7,F1,F8 | — | Mar 2, 2018 | M | 6,070 | D | — | — | Common Stock | 6,070 | 6,070 | D |
| Restricted Stock UnitsF9,F1,F10 | — | Mar 2, 2018 | M | 4,447 | D | — | — | Common Stock | 4,447 | 8,894 | D |
| Employee Stock Option (Right to Buy)F11 | $45.50 | Mar 2, 2018 | A | 29,664 | D | — | Mar 1, 2028 | Common Stock | 29,664 | 29,664 | D |
| Restricted Stock UnitsF1,F12 | — | Mar 2, 2018 | A | 9,891 | D | — | — | Common Stock | 9,891 | 9,891 | 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 2015-2017 Performance Share Award pursuant to the MetLife, Inc. 2015 Stock and Incentive Compensation Plan.
- F4Shares withheld to satisfy the Reporting Person's tax withholding obligation due on the Performance Share payout.
- F5Includes 388 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 vest in three installments on February 24, 2016, 2017 and 2018. This installment became payable following the certification on March 2, 2018 that MetLife, Inc. met specified financial goals.
- F7Includes 648 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 474 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.