John Rosenthal - Mar 1, 2024 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, 2024
Transactions value $
-$772,349
Form type
4
Date filed
3/5/2024, 05:00 PM
Previous filing
Feb 28, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +11.5K +10.36% 123K Mar 1, 2024 Direct F1, F2
transaction BHF Common Stock Tax liability -$270K -5.84K -4.75% $46.16 117K Mar 1, 2024 Direct F3
transaction BHF Common Stock Tax liability -$503K -10.9K -9.29% $46.16 106K Mar 1, 2024 Direct F4

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 -4.44K -100% $0.00* 0 Mar 1, 2024 Common Stock 4.44K Direct F2, F5
transaction BHF Restricted Stock Units Options Exercise $0 -3.81K -49.99% $0.00 3.82K Mar 1, 2024 Common Stock 3.81K Direct F2, F6
transaction BHF Restricted Stock Units Options Exercise $0 -3.29K -33.34% $0.00 6.57K Mar 1, 2024 Common Stock 3.29K Direct F2, F7
transaction BHF Restricted Stock Units Award $0 +12.5K $0.00 12.5K Mar 1, 2024 Common Stock 12.5K Direct F2, F8
* 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 shares of tranches of Restricted Stock Units ("RSUs") granted in March 2021, March 2022 and March 2023.
F2 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.
F3 Shares withheld to cover tax obligations in connection with the vesting of RSUs.
F4 Shares withheld to cover tax obligations in connection with the payout under the 2021 Performance Share Unit award.
F5 Represents the vesting of the final tranche of the 2021 RSU award.
F6 Represents the vesting of the second of three tranches of the 2022 RSU award. The final tranche will vest on the first business day in March 2025.
F7 Represents the vesting of the first of three tranches of the 2023 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2025 and 2026.
F8 RSUs awarded in 2024 will vest in three substantially equal installments on the first business day in March 2025, 2026 and 2027.