METLIFE INC — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METLIFE INC (MET)
CIK: 0001099219
Period of Report: 2020-03-02

Reporting Person: Khalaf Michel (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	M	3203	—	Acquired	25783	Direct
2020-03-02	Common Stock	D	3203	$44.56	Disposed	22580	Direct
2020-03-02	Common Stock	M	3846	—	Acquired	26426	Direct
2020-03-02	Common Stock	F	1470	$44.56	Disposed	24956	Direct
2020-03-02	Common Stock	M	10078	—	Acquired	35034	Direct
2020-03-02	Common Stock	F	3852	$44.56	Disposed	31182	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Restricted Units (Cash-Payable)	$	M	3203	Disposed		Common Stock (3203.0)	Direct
2020-03-02	Restricted Stock Units	$	M	3846	Disposed		Common Stock (3846.0)	Direct
2020-03-02	Restricted Stock Units	$	M	10078	Disposed		Common Stock (10078.0)	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: Each restricted unit was settled in cash equal to the closing price of one share of MetLife, Inc. common stock on the vesting date.

F3: Each restricted stock unit is the contingent right to receive one share of MetLife, Inc. common stock.

F4: Shares withheld to satisfy the reporting person's tax withholding obligation due on the restricted stock unit payout.

F5: Includes 342 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 units vest in three substantially equal installments on the first business day in March on or following each of the first three anniversaries of the grant date.

F7: The restricted stock units vest in three substantially equal installments on the first business day in March on or following each of the first three anniversaries of the grant date.