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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Units (Cash Payable) | (1) | 03/02/2018 | M | 2,904 (3) | (4) | (4) | Common Stock | 2,904 (3) | $ 0 | 0 | D | ||||
Restricted Units (Cash Payable) | (1) | 03/02/2018 | M | 4,370 (5) | (6) | (6) | Common Stock | 4,370 (5) | $ 0 | 4,371 | D | ||||
Restricted Units (Cash-Payable) | (1) | 03/02/2018 | M | 3,201 (7) | (8) | (8) | Common Stock | 3,201 (7) | $ 0 | 6,405 | D | ||||
Employee Stock Option (Right to Buy) | $ 45.5 | 03/02/2018 | A | 34,608 | (9) | 03/01/2028 | Common Stock | 34,608 | $ 0 | 34,608 | D | ||||
Restricted Stock Units | (10) | 03/02/2018 | A | 11,539 | (11) | (11) | Common Stock | 11,539 | $ 0 | 11,539 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Khalaf Michel 200 PARK AVENUE NEW YORK, NY 10166 |
President, U.S. Business,EMEA |
Mark A. Schuman, authorized signer | 03/06/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 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. |
(2) | 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. |
(3) | 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. |
(4) | 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. |
(5) | 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. |
(6) | 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. |
(7) | 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 |
(8) | The Restricted Units vest in three installments on March 1, 2019, 2020 and 2021. |
(9) | The options become exercisable in three installments on March 1, 2019, 2020 and 2021. |
(10) | Each Restricted Stock Unit is the contingent right to receive one share of MetLife, Inc. common stock. |
(11) | The Restricted Stock Units vest in three installments on March 1, 2019, 2020 and 2021. |