Edward A. Spehar - 01 Mar 2022 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
EVP & Chief Financial Officer
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Edward A. Spehar
Issuer symbol
BHF
Transactions as of
01 Mar 2022
Net transactions value
-$177,774
Form type
4
Filing time
03 Mar 2022, 16:10:12 UTC
Next filing
06 Sep 2022
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 +8,269 +71% 19,968 01 Mar 2022 Direct F1, F2
transaction BHF Common Stock Tax liability $177,774 -3,699 -19% $48.06 16,269 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 -3,906 -50% $0.000000 3,906 01 Mar 2022 Common Stock 3,906 Direct F2, F3
transaction BHF Restricted Stock Units Options Exercise $0 -4,363 -33% $0.000000 8,724 01 Mar 2022 Common Stock 4,363 Direct F2, F4
transaction BHF Restricted Stock Units Award $0 +14,481 $0.000000 14,481 01 Mar 2022 Common Stock 14,481 Direct F2, F5
* 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 2020 and March 2021.
F2 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F3 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.
F4 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.
F5 RSUs awarded in 2022 vest in three substantially equal installments on the first business day in March 2023, 2024 and 2025.