METLIFE INC — Director's Dealing 2018

Mar 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METLIFE INC (MET)
CIK: 0001099219
Period of Report: 2018-03-02

Reporting Person: Khalaf Michel (President, U.S. Business,EMEA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Common Stock	M	2904	—	Acquired	23685	Direct
2018-03-02	Common Stock	D	2904	$45.50	Disposed	20781	Direct
2018-03-02	Common Stock	M	4370	—	Acquired	25151	Direct
2018-03-02	Common Stock	D	4370	$45.50	Disposed	20781	Direct
2018-03-02	Common Stock	M	3201	—	Acquired	23982	Direct
2018-03-02	Common Stock	D	3201	$45.50	Disposed	20781	Direct
2018-03-02	Common Stock	A	17425	$45.50	Acquired	38206	Direct
2018-03-02	Common Stock	D	17425	$45.50	Disposed	20781	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-02	Restricted Units (Cash Payable)	$	M	2904	Disposed		Common Stock (2904)	Direct
2018-03-02	Restricted Units (Cash Payable)	$	M	4370	Disposed		Common Stock (4370)	Direct
2018-03-02	Restricted Units (Cash-Payable)	$	M	3201	Disposed		Common Stock (3201)	Direct
2018-03-02	Employee Stock Option (Right to Buy)	$45.50	A	34608	Acquired	2028-03-01	Common Stock (34608)	Direct
2018-03-02	Restricted Stock Units	$	A	11539	Acquired		Common Stock (11539)	Direct

Footnotes

F1: Each Restricted Unit is the contingent right to receive cash equal to the closing price of one share of MetLife, Inc. common stock on the vesting date.

F2: Cash payout of 2015-2017 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.

F3: Includes 309 Restricted Units previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the Restricted Units in light of the distribution by MetLife, Inc., to its shareholders of Brighthouse Financial, Inc. common stock. The reporting person did not receive shares of Brighthouse Financial, Inc. common stock on account of the Restricted Units.

F4: The Restricted Units vested in three installments on February 24, 2016, 2017 and 2018. This installment became payable following the certification that MetLife, Inc. met specified financial goals.

F5: Includes 466 Restricted Units previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the Restricted Units in light of the distribution by MetLife, Inc., to its shareholders of Brighthouse Financial, Inc. common stock. The reporting person did not receive shares of Brighthouse Financial, Inc. common stock on account of the Restricted Units.

F6: The Restricted Stock Units vest in three installments on March 1, 2017, 2018 and 2019. The requisite certification that MetLife, Inc. met specified financial goals took place earlier.

F7: Includes 341 Restricted Units previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the Restricted Units in light of the distribution by MetLife, Inc., to its shareholders of Brighthouse Financial, Inc. common stock. The reporting person did not receive shares of Brighthouse Financial, Inc. common stock on account of the Restricted Units

F8: The Restricted Units vest in three installments on March 1, 2019, 2020 and 2021.

F9: The options become exercisable in three installments on March 1, 2019, 2020 and 2021.

F10: Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock.

F11: The Restricted Stock Units vest in three installments on March 1, 2019, 2020 and 2021.