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

Signature
/s/ Jacob M. Jenkelowitz, Attorney-in -Fact, on behalf of Kristine Toscano
Issuer symbol
BHF
Transactions as of
01 Mar 2023
Transactions value $
-$20,889
Form type
4
Filing time
03 Mar 2023, 16:38:31 UTC
Previous filing
03 Oct 2022
Next filing
02 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Options Exercise +749 +70.26% 1.82K 01 Mar 2023 Direct F1, F2
transaction BHF Common Stock Tax liability -$20.9K -358 -19.72% $58.35 1.46K 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 -749 -33.33% $0.00 1.5K 01 Mar 2023 Common Stock 749 Direct F2, F3
transaction BHF Restricted Stock Units Award $0 +2.47K $0.00 2.47K 01 Mar 2023 Common Stock 2.47K Direct F2, F4
* 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 the first of three tranches of Restricted Stock Units ("RSUs") granted in March 2022.
F2 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F3 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.
F4 RSUs awarded in 2023 will vest in three substantially equal installments on the first business day in March 2024, 2025 and 2026.