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METLIFE INC — Director's Dealing 2014
Jan 10, 2014
29995_dirs_2014-01-10_78a7654a-e247-4411-a0c8-c8086185ec11.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: METLIFE INC (MET)
CIK: 0001099219
Period of Report: 2014-01-02
Reporting Person: PRICE HUGH B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-02 | Common Stock | M | 593.5855 | $53.19 | Acquired | 35710.5855 | Direct |
| 2014-01-02 | Common Stock | D | 593.5855 | $53.19 | Disposed | 35117 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-02 | Common Stock equivalent units | $ | M | 593.5855 | Disposed | Common Stock (593.5855) | Direct |
Footnotes
F1: These transactions represent the valuation and payment in cash of Common Stock equivalent units. These transactions were inadvertently not reported within two business days of January 2, 2014, the date the dollar value of the Common Stock equivalent units to be paid was determined.
F2: Each Common Stock equivalent unit is the economic value of one share of MetLife, Inc. Common Stock. The Common Stock equivalent units were acquired pursuant to the MetLife Non-Management Director Deferred Compensation Plan. Under that plan, eligible Directors may defer receipt of cash retainer fees for a specified period of time. Deferred cash fees are subject to simulated investment in a number of funds, including one fund that tracks the value of MetLife, Inc. Common Stock. Deferred cash fees tracked in that fund are Common Stock equivalent units. When such Common Stock equivalent units are distributed, they are settled in cash. The timing of these distribution transactions is based on the Director's prior election.