SCHMIDT OSCAR 4
4 · METLIFE INC · Filed Mar 4, 2020
Insider Transaction Report
Form 4
METLIFE INCMET
SCHMIDT OSCAR
President, Latin America
Transactions
- Exercise/Conversion
Common Stock
2020-03-02+3,297→ 3,297 total - Tax Payment
Common Stock
2020-03-02$44.56/sh−816$36,361→ 1,423 total - Exercise/Conversion
Restricted Units (Cash-Payable)
2020-03-02−3,297→ 3,297 total→ Common Stock (3,297 underlying) - Exercise/Conversion
Common Stock
2020-03-02+1,781→ 1,781 total - Exercise/Conversion
Restricted Units (Cash-Payable)
2020-03-02−1,781→ 0 total→ Common Stock (1,781 underlying) - Disposition to Issuer
Common Stock
2020-03-02$44.56/sh−1,781$79,361→ 0 total - Disposition to Issuer
Common Stock
2020-03-02$44.56/sh−3,297$146,914→ 0 total - Exercise/Conversion
Common Stock
2020-03-02+2,239→ 2,239 total - Exercise/Conversion
Restricted Stock Units
2020-03-02−2,239→ 4,480 total→ Common Stock (2,239 underlying)
Footnotes (7)
- [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 191 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.