Edward A. Spehar - Mar 1, 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
Stock symbol
BHF
Transactions as of
Mar 1, 2022
Transactions value $
-$177,774
Form type
4
Date filed
3/3/2022, 04:10 PM
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +8.27K +70.68% 20K Mar 1, 2022 Direct F1, F2
transaction BHF Common Stock Tax liability -$178K -3.7K -18.52% $48.06 16.3K 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 -3.91K -50% $0.00 3.91K Mar 1, 2022 Common Stock 3.91K Direct F2, F3
transaction BHF Restricted Stock Units Options Exercise $0 -4.36K -33.34% $0.00 8.72K Mar 1, 2022 Common Stock 4.36K Direct F2, F4
transaction BHF Restricted Stock Units Award $0 +14.5K $0.00 14.5K Mar 1, 2022 Common Stock 14.5K 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.