John Rosenthal - Mar 1, 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
Stock symbol
BHF
Transactions as of
Mar 1, 2022
Transactions value $
$81,366
Form type
4
Date filed
3/3/2022, 04:07 PM
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +13.3K +20.29% 79K Mar 1, 2022 Direct F1, F2
transaction BHF Common Stock Tax liability -$325K -6.77K -8.57% $48.06 72.2K Mar 1, 2022 Direct
transaction BHF Common Stock Award $830K +17.3K +23.93% $48.06 89.5K Mar 1, 2022 Direct F3
transaction BHF Common Stock Tax liability -$424K -8.81K -9.85% $48.06 80.7K Mar 1, 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 -3.76K -100% $0.00* 0 Mar 1, 2022 Common Stock 3.76K Direct F2, F4
transaction BHF Restricted Stock Units Options Exercise $0 -5.12K -50% $0.00 5.12K Mar 1, 2022 Common Stock 5.12K Direct F2, F5
transaction BHF Restricted Stock Units Options Exercise $0 -4.44K -33.34% $0.00 8.89K Mar 1, 2022 Common Stock 4.44K Direct F2, F6
transaction BHF Restricted Stock Units Award $0 +11.4K $0.00 11.4K Mar 1, 2022 Common Stock 11.4K 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.