Paul M. Wetzel - May 31, 2023 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role: Director
Signature: /s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Paul M. Wetzel
Stock symbol: BHF
Transactions as of: May 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/31/2023, 05:48 PM
Previous filing: Jun 10, 2022
Next filing: Jun 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHF	Common Stock	Options Exercise	$0	+3.45K	+44.2%	$0.00	11.3K	May 31, 2023	Direct	F1

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	Deferred Restricted Stock Units	Options Exercise	$0	-3.45K	-48.86%	$0.00	3.62K	May 31, 2023	Common Stock	0		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each deferred Restricted Stock Unit ("RSU") represents the right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock, or a cash payment equal to the value of one share of 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 2021 annual meeting of stockholders of BHF, and the vested shares were credited to the Reporting Person's deferred compensation account in accordance with the Reporting Person's deferral election made pursuant to the terms of the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors. The shares are being paid out in accordance with the Reporting Person's deferral election.