Christine M. Debiase Exercises Options at Brighthouse Financial Inc (BHF) — SEC Form 4, Mar 03, 2021

SEC Form 4 · No Market Transaction
Option Exercise

Derivative exercise — no open market transaction.

Reporting Owner
TXN 2021-03-01 · FILED 2021-03-03
Equity Position 45.9K sh 33,494 → 45,911
Equity Change +37.1% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2021-03-03
Report Date
2021-03-01
Accession No.
0001209191-21-016812
Accepted At
2021-03-03 21:09 UTC
Reporting Owner
Name Relationship
Christine M. Debiase CIK 0001709115
EVP
Christine M. Debiase at Brighthouse Financial Inc Full insider history
Bought (12 mo) —
Sold (12 mo) —
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2022-03-03 Exercise — View
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Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common StockF1F2 2021-03-01 M - Exercise 9,589 A — 40,661 Direct
Common Stock 2021-03-01 F - Tax Payment 2,904 D $41.26 -$119,819 37,757 Direct
Common StockF3 2021-03-01 A - Award/Grant 8,154 A $41.26 +$336,434 45,911 Direct
Common Stock 2021-03-01 F - Tax Payment 2,422 D $41.26 -$99,932 43,489 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Stock UnitsF2F4F4 2021-03-01 M - Exercise 2,091 D $0.00 2,091 Common Stock Direct
Restricted Stock UnitsF2F5F5 2021-03-01 M - Exercise 3,592 D $0.00 3,592 Common Stock Direct
Restricted Stock UnitsF2F6F6 2021-03-01 M - Exercise 3,906 D $0.00 3,906 Common Stock Direct
Restricted Stock UnitsF2F7F7 2021-03-01 A - Award/Grant 10,179 A $0.00 10,179 Common Stock Direct
Footnotes (7)
F1
Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2018, March 2019 and March 2020. Show more
F2
Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock. Show more
F3
Shares acquired from the payout of the 2018 Performance Share Unit award. The number of shares issued was based on the achievement of performance goals over the 2018-2020 performance period. Show more
F4
Represents vesting of the final tranche of the 2018 RSU award. Show more
F5
Represents vesting of the second of three tranches of the 2019 RSU award. The final tranche will vest on the first business day in March 2022. Show more
F6
Represents vesting of the first of three tranches of the 2020 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2022 and 2023. Show more
F7
RSUs awarded in 2021 will vest in three substantially equal installments on the first business day in March 2022, 2023 and 2024. Show more
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