Myles Lambert - 01 Mar 2024 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
EVP,Chief Mktg.& Dist. Officer
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Myles J. Lambert
Issuer symbol
BHF
Transactions as of
01 Mar 2024
Net transactions value
-$586,232
Form type
4
Filing time
05 Mar 2024, 16:42:14 UTC
Previous filing
28 Feb 2024
Next filing
04 Jun 2024
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 +9,323 +15% 71,307 01 Mar 2024 Direct F1, F2
transaction BHF Common Stock Tax liability $217,829 -4,719 -6.6% $46.16 66,588 01 Mar 2024 Direct F3
transaction BHF Common Stock Tax liability $368,403 -7,981 -12% $46.16 58,607 01 Mar 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 -3,252 -100% $0.000000* 0 01 Mar 2024 Common Stock 3,252 Direct F2, F5
transaction BHF Restricted Stock Units Options Exercise $0 -3,329 -50% $0.000000 3,329 01 Mar 2024 Common Stock 3,329 Direct F2, F6
transaction BHF Restricted Stock Units Options Exercise $0 -2,742 -33% $0.000000 5,484 01 Mar 2024 Common Stock 2,742 Direct F2, F7
transaction BHF Restricted Stock Units Award $0 +11,265 $0.000000 11,265 01 Mar 2024 Common Stock 11,265 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. 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.