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Brighthouse Financial, Inc. Director's Dealing 2021

Jun 11, 2021

31345_dirs_2021-06-11_89297634-d3cb-4411-a51a-dfc0f23afff0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Brighthouse Financial, Inc. (BHF)
CIK: 0001685040
Period of Report: 2021-06-10

Reporting Person: Wetzel Paul M. (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-10 Restricted Stock Units $ M 3454 Disposed Common Stock (3454) Direct
2021-06-10 Deferred Restricted Stock Units $ M 3454 Acquired Common Stock (3454) Direct
2021-06-10 Restricted Stock Units $ A 3615 Acquired Common Stock (3615) Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.

F2: Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan.

F3: The RSUs vested on the date of the 2021 annual meeting of stockholders of BHF. The Reporting Person has elected to defer these shares pursuant to the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors (the "Deferred Compensation Plan"). The shares will be paid out (i) in accordance with the Reporting Person's deferral election; or, if earlier, (ii) upon termination of the Reporting Person's service as a Director.

F4: Each deferred RSU represents the deferred right to receive one share of BHF common stock, or a cash payment equal to the value of one share of BHF common stock.

F5: The RSUs will vest on the earlier of the first anniversary of the grant date or the date of the 2022 annual meeting of stockholders of BHF. Vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Deferred Compensation Plan.