Kristine Toscano - Mar 1, 2024 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
Chief Accounting Officer
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in -Fact, on behalf of Kristine Toscano
Stock symbol
BHF
Transactions as of
Mar 1, 2024
Transactions value $
-$34,712
Form type
4
Date filed
3/5/2024, 04:52 PM
Previous filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +1.57K +64.45% 4.01K Mar 1, 2024 Direct F1, F2
transaction BHF Common Stock Tax liability -$34.7K -752 -18.75% $46.16 3.26K Mar 1, 2024 Direct F3

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 -749 -50% $0.00 749 Mar 1, 2024 Common Stock 749 Direct F2, F4
transaction BHF Restricted Stock Units Options Exercise $0 -823 -33.36% $0.00 1.64K Mar 1, 2024 Common Stock 823 Direct F2, F5
transaction BHF Restricted Stock Units Award $0 +3.12K $0.00 3.12K Mar 1, 2024 Common Stock 3.12K Direct F2, F6
* 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 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 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.
F5 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.
F6 RSUs awarded in 2024 vest in three substantially equal installments on the first business day in March 2025, 2026 and 2027.