Goulart Steven J 4
4 · METLIFE INC · Filed Dec 14, 2022
Insider Transaction Report
Form 4
METLIFE INCMET
Goulart Steven J
EVP & Chief Investment Officer
Transactions
- Exercise/Conversion
Common Stock
2022-12-12$31.15/sh+40,704$1,267,930→ 302,711 total - Sale
Common Stock
2022-12-12$71.88/sh−29,401$2,113,235→ 273,310 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2022-12-12−40,704→ 0 totalExercise: $31.15Exp: 2023-02-25→ Common Stock (40,704 underlying)
Footnotes (4)
- [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 December 12, 2022 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 between $71.59 and $72.27, 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 4,340 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 26, 2014, 2015 and 2016.