SEC Form 4 · accession 0001209191-19-014754
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
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:51 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 26, 2019 | A | 134,145 | $44.65 | A | 653,664 | D | |
| Common Stock | Feb 26, 2019 | F | 63,519 | $44.65 | D | 590,145 | D | |
| Common Stock | holding | — | — | — | 9,250 | I | By family member trusts |
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 | $44.65 | Feb 26, 2019 | A | 110,888 | A | — | Feb 25, 2029 | Common Stock | 110,888 | 110,888 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 26, 2019 | A | 36,955 | A | — | — | Common Stock | 36,955 | 36,955 | D |
Explanation of responses
- F1Shares acquired from the payout of the 2016-2018 Performance Share Award 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 installments on February 26, 2020, 2021 and 2022.
- F4Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
- F5The Restricted Stock Units vest in three installments on March 2, 2020, March 1, 2021 and March 1, 2022.
Remarks
The Reporting Person's Section 16 disclosure will round Deferred Shares and Deferred Share Equivalents to the nearest whole number.