SEC Form 4 · accession 0001209191-19-014760
METLIFE INC · MET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C O'Donnell
Officer — EVP & Chief Accounting Officer
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:54 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 | 2,364 | $44.65 | A | 13,324 | D | |
| Common Stock | Feb 26, 2019 | F | 917 | $44.65 | D | 12,407 | D | |
| Common StockF3,F4 | holding | — | — | — | 1,292 | I | By MetLife 401(k) Plan |
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)F5 | $44.65 | Feb 26, 2019 | A | 10,081 | A | — | Feb 25, 2029 | Common Stock | 10,081 | 10,081 | D |
| Restricted Stock UnitsF6,F7 | — | Feb 26, 2019 | A | 3,360 | A | — | — | Common Stock | 3,360 | 3,360 | D |
| Common Stock Equivalent UnitsF9,F8 | — | holding | — | — | — | — | — | Common Stock | — | 313 | 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.
- F3Between March 1, 2018 and February 27, 2019, the reporting person acquired 103 shares in the MetLife, Inc. common stock fund of the MetLife 401(k) Plan. The information in this report is based on plan information as of February 27, 2019.
- F4The reported holding reflects interests in a MetLife, Inc. common stock fund allocated to and indirectly held by the reporting person under the MetLife 401(k) Plan, a "Qualified Plan" under Rule 16b-3(b)(4).
- F5The options become exercisable in three installments on February 26, 2020, 2021 and 2022.
- F6Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.
- F7The Restricted Stock Units vest in three installments on March 2, 2020, March 1, 2021 and March 1, 2022.
- F8Each Common Stock Equivalent Unit is the economic value of one share of MetLife, Inc. common stock. Common Stock Equivalent Units were acquired pursuant to the MetLife Auxiliary Match Plan, an "Excess Benefit Plan" under Rule 16b-3(b)(2). When such Common Stock Equivalent Units are distributed, they are settled in cash.
- F9Between February 3, 2018 and February 27, 2019, the reporting person acquired 37 Common Stock Equivalents under the MetLife Auxiliary Match Plan. The information in this report is based on plan information as of February 27, 2019.
Remarks
The Reporting Person's Section 16 disclosure will round shares owned in the MetLife 401(k) Plan and Deferred Share Equivalents to the nearest whole number.