SEC Form 4 · accession 0001209191-18-033270
Brighthouse Financial, Inc. · BHF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Rosenthal
Officer — EVP & Chief Investment Officer
Period of report
May 23, 2018
Accepted (ET)
May 25, 2018 · 8:14 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001685040
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | May 23, 2018 | A | 40,337 | A | — | — | Common Stock | 40,337 | 40,337 | D |
| Restricted Stock UnitsF4,F1,F5 | — | May 23, 2018 | A | 6,857 | A | — | — | Common Stock | 6,857 | 6,857 | D |
| Eployee Stock Option (Right to Buy)F4,F6 | $53.47 | May 23, 2018 | A | 22,522 | A | — | Feb 29, 2028 | Common Stock | 22,522 | 22,522 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.
- F2The award of RSUs was authorized on August 9, 2017, to be effective on September 8, 2017. The award was subject to approval by stockholders of BHF of the Brighthouse Financial, Inc. 2017 Stock and Incentive Compensation Plan (the "Employee Plan"). The Employee Plan was approved by stockholders of BHF on May 23, 2018.
- F3The RSUs will vest on September 30, 2018.
- F4RSU and Stock Option awards were authorized on February 16, 2018, to be effective on March 1, 2018. These awards were subject to approval by stockholders of BHF of the Employee Plan, which was obtained on May 23, 2018.
- F5The RSUs will vest in three substantially equal installments on March 1, 2019, March 1, 2020 and March 1, 2021.
- F6The Stock Options become exercisable in three substantially equal installments on March 1, 2019, March 1, 2020 and March 1, 2021.