4//SEC Filing
Wetzel Paul M. 4
Accession 0001685040-23-000041
CIK 0001685040other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 4:41 PM ET
Size
10.6 KB
Accession
0001685040-23-000041
Insider Transaction Report
Form 4
Wetzel Paul M.
Director
Transactions
- Award
Restricted Stock Units
2023-06-08+3,703→ 3,703 total→ Common Stock (3,703 underlying) - Exercise/Conversion
Deferred Restricted Stock Units
2023-06-08+3,361→ 6,976 total→ Common Stock (3,361 underlying) - Exercise/Conversion
Restricted Stock Units
2023-06-08−3,361→ 0 total→ Common Stock (3,361 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.
- [F2]Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan.
- [F3]The RSUs vested on the date of the 2023 annual meeting of stockholders of BHF. The Reporting Person has elected to defer these shares pursuant to the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors (the "Deferred Compensation Plan"). The shares will be paid out (i) in accordance with the Reporting Person's deferral election; or, if earlier, (ii) upon termination of the Reporting Person's service as a Director.
- [F4]Each deferred RSU represents the deferred right to receive one share of BHF common stock, or a cash payment equal to the value of one share of BHF common stock.
- [F5]The RSUs will vest on the earlier of the first anniversary of the grant date or the date of the 2024 annual meeting of stockholders of BHF. Vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Deferred Compensation Plan.
Documents
Issuer
Brighthouse Financial, Inc.
CIK 0001685040
Entity typeother
Related Parties
1- filerCIK 0001709824
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 4:41 PM ET
- Size
- 10.6 KB