Vonda Huss - 01 Mar 2023 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
EVP & Chief HR Officer
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Vonda R. Huss
Issuer symbol
BHF
Transactions as of
01 Mar 2023
Transactions value $
$131,754
Form type
4
Filing time
03 Mar 2023, 16:56:00 UTC
Previous filing
03 Mar 2022
Next filing
08 Feb 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 +5.87K +31.41% 24.6K 01 Mar 2023 Direct F1, F2
transaction BHF Common Stock Tax liability -$156K -2.68K -10.9% $58.35 21.9K 01 Mar 2023 Direct
transaction BHF Common Stock Award $516K +8.84K +40.42% $58.35 30.7K 01 Mar 2023 Direct F3
transaction BHF Common Stock Tax liability -$228K -3.91K -12.72% $58.35 26.8K 01 Mar 2023 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 -1.74K -100% $0.00* 0 01 Mar 2023 Common Stock 1.74K Direct F2, F4
transaction BHF Restricted Stock Units Options Exercise $0 -2.13K -49.99% $0.00 2.13K 01 Mar 2023 Common Stock 2.13K Direct F2, F5
transaction BHF Restricted Stock Units Options Exercise $0 -2K -33.34% $0.00 3.99K 01 Mar 2023 Common Stock 2K Direct F2, F6
transaction BHF Restricted Stock Units Award $0 +5.64K $0.00 5.64K 01 Mar 2023 Common Stock 5.64K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of shares upon the vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2020, March 2021 and March 2022.
F2 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F3 Shares acquired from the payout of the 2020 Performance Share Unit award. The number of shares issued was based on the achievement of performance goals over the 2020-2022 performance period.
F4 Represents the vesting of the final tranche of the 2020 RSU award.
F5 Represents the vesting of the second of three tranches of the 2021 RSU award. The final tranche will vest on the first business day in March 2024.
F6 Represents the vesting of the first of three tranches of the 2022 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2024 and 2025.
F7 RSUs awarded in 2023 will vest in three substantially equal installments on the first business day in March 2024, 2025 and 2026.