SEC Form 4 · accession 0001209191-19-014755
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michel Khalaf
Officer — President, U.S. Bus. and EMEA
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:52 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 | 22,997 | $44.65 | A | 43,778 | D | |
| Common Stock | Feb 26, 2019 | D | 22,997 | $44.65 | 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 | $44.65 | Feb 26, 2019 | A | 90,726 | A | — | Feb 25, 2029 | Common Stock | 90,726 | 90,726 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 26, 2019 | A | 30,236 | A | — | — | Common Stock | 30,236 | 30,236 | D |
Explanation of responses
- F1Cash payout of 2016-2018 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 installments on February 26, 2020, 2021 and 2022.
- F3Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
- F4The Restricted Stock Units vest in three installments on March 2, 2020, March 1, 2021 and March 1, 2022.