John Rosenthal - 01 Mar 2022 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
EVP & Chief Investment Officer
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of John L. Rosenthal
Issuer symbol
BHF
Transactions as of
01 Mar 2022
Net transactions value
+$81,366
Form type
4
Filing time
03 Mar 2022, 16:07:02 UTC
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +13,322 +20% 78,964 01 Mar 2022 Direct F1, F2
transaction BHF Common Stock Tax liability $325,318 -6,769 -8.6% $48.06 72,195 01 Mar 2022 Direct
transaction BHF Common Stock Award $830,188 +17,274 +24% $48.06 89,469 01 Mar 2022 Direct F3
transaction BHF Common Stock Tax liability $423,505 -8,812 -9.8% $48.06 80,657 01 Mar 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BHF Restricted Stock Units Options Exercise $0 -3,763 -100% $0.000000* 0 01 Mar 2022 Common Stock 3,763 Direct F2, F4
transaction BHF Restricted Stock Units Options Exercise $0 -5,115 -50% $0.000000 5,115 01 Mar 2022 Common Stock 5,115 Direct F2, F5
transaction BHF Restricted Stock Units Options Exercise $0 -4,444 -33% $0.000000 8,886 01 Mar 2022 Common Stock 4,444 Direct F2, F6
transaction BHF Restricted Stock Units Award $0 +11,444 $0.000000 11,444 01 Mar 2022 Common Stock 11,444 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2019, March 2020 and March 2021.
F2 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F3 Shares acquired from the payout of the 2019 Performance Share Unit award. The number of shares issued was based on the achievement of performance goals over the 2019-2021 performance period.
F4 Represents vesting of the final tranche of the 2019 RSU award.
F5 Represents vesting of the second of three tranches of the 2020 RSU award. The final tranche will vest on the first business day in March 2023.
F6 Represents vesting of the first of three tranches of the 2021 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2023 and 2024.
F7 RSUs awarded in 2022 vest in three substantially equal installments on the first business day in March 2023, 2024 and 2025.