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METLIFE INC — Director's Dealing 2021
Feb 22, 2021
29995_dirs_2021-02-22_f821bad1-216b-461d-a6ac-6a4a63e85a5e.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: 2021-02-18
Reporting Person: Goulart Steven J (EVP & Chief Investment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-18 | Common Stock | M | 20484 | $40.91 | Acquired | 153908 | Direct |
| 2021-02-18 | Common Stock | S | 17055 | $54.9401 | Disposed | 136853 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-18 | Employee Stock Option (Right to Buy) | $40.91 | M | 20484 | Disposed | 2021-02-22 | Common Stock (20484.0) | Direct |
Footnotes
F1: The reporting person sold only the number of shares of MetLife, Inc.'s common stock necessary to pay the exercise price of the options exercised on February 18, 2021 and related tax obligations and fees.
F2: The price reported is the weighted average price of the aggregate number of shares sold in multiple open market transactions. The shares were sold at prices $54.93 to $54.97, inclusive. The reporting person undertakes to provide to the staff of the SEC, MetLife, Inc., or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
F3: Includes 2,184 stock options previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the stock options 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 stock options.
F4: The options became exercisable in three substantially equal installments on February 23, 2012, 2013 and 2014.