Mar 28, 2017 if you want to cash in stock held in a brokerage account or with the transfer agent of the firm that issued the shares, all you need to do is make a phone call or go online and place a sell order. Distribution of common stock of brighthouse financial, inc. We expect that the distribution of brighthouse common stock will be taxfree to metlifes u. Sell shares held through computershare share registry. The metlife policyholder trust the trust was established under the metropolitan life insurance company metropolitan life plan of reorganization the plan and pursuant to the metlife policyholder trust agreement, dated as of november 3, 1999, by and among metropolitan life, metlife, inc. To sell your shares in companies that use computershare as their share registry, you will need the security reference number srn. The irs requires that we report the cost basis of certain. I inherited my fathers metlife t rust interest shares that were allocated to eligible policyholders as a result of the demutualization and are held in the metlife policyholder trust the trust in book entry form. Metlife policyholder trust annual report regulation sk. These shares are held electronically with computershare as custodian of the trust. Metlifes shareholders will not be required to pay any consideration for the shares of brighthouse common stock they receive in the distribution, surrender or exchange their shares of metlife common stock or take any other action in connection with the separation.
Once the stock is sold, your account will be credited with the proceeds less transaction fees. Metlife will direct the distribution agent to, as soon as practicable following execution of this agreement including, in the case of clause b, commencing on the day following the separation date, and in the case of clause c, commencing as soon as practicable after the separation date, a determine, based, in part, on. Additional details regarding the separation from metlife, inc. They provide shareowner communications and services to verizon s registered shareowners. For many policyholders, the windfall arising from demutualization can be substantial. Nonpolicyholder trust accounts as a condition to using the direct registration services provided by computershare trust company, n. You may own life insurance company stock and not know it. Dont just leave the stock in the book entry account in your sole name for your loved ones to deal. If, after reading this brochure, you have additional questions, please call 18006493593. The transfer agent keeps a record of your shares of brighthouse financial, inc. Description of registrants securities to be registered trust interests the trust interests registered hereby are issued pursuant to the metlife policyholder trust agreement, dated as of november 3, 1999 the trust agreement, by and among metropolitan life insurance company metlife, metlife, inc.
Indicate by check mark whether the registrant is an emerging growth company as defined in rule 405 under the securities act 17 cfr 230. Jul 16, 2016 if you have a trust, you may want to retitle the stock account into the name of your trust. Metlife policyholder trust form 10k march 27, 2018. Find your answer to questions about your computershare shareholding here. Apr 26, 2017 shares that were allocated to eligible policyholders as a result of the demutualization are held in the metlife policyholder trust the trust in book entry form. Computershare specializes in the provision of software solutions and professional services to the securities industry and their shareholders. You can transfer to a person who already has a plan account, or you can set up a new plan account if the person does not have one. The metlife policyholder trust the trust was established under the metropolitan life insurance company metropolitan life plan of reorganization the plan and pursuant to the metlife policyholder trust agreement the trust agreement, dated as of november 3, 1999, by and among metropolitan life, metlife, inc. Trust means the metlife policyholder trust established under the trust agreement to hold the trust shares for the exclusive benefit of the trust beneficiaries. In depth view into metlife book value per share including historical data from 2000, charts, stats and industry comps. These shares are held electronically with the custodian of the trust, mellon investor services llc, doing business as bny mellon shareowner services. I have sold all of the shares and was told by computershare that that my basis is 0.
If your spouse also owns shares in iag, they will have a different and unique srn. This will result in two separately listed companies, each with its own distinct investment prospects. The amount paid to each policyholder is based on a number of factors, including length of time the policy has been in force, face value of the policy, and total premiums paid. A trust interest entitles the beneficiary to certain rights, including the right to. Sec info metlife policyholder trust 8a12g on 33100. Metlife inc met securities registration statement s1. If you would like to sell shares you already hold, you can use investor trade, computershares online share sale facility for issuer sponsored securityholdings. Their services include the administration of a direct stock purchase and dividend reinvestment plan, the direct registration system book entry ownership, the etree program, online account access and the transfer and sale of shares. Selling shares of bank stock is simple to do if the shares are already held in a brokerage account on your behalf. All owners must sign if the account has more than one owner. Mar 28, 2017 selling shares of bank stock is simple to do if the shares are already held in a brokerage account on your behalf. Computershare, you hereby agree to the following terms. If a transfer form is submitted along with this withdrawal election form, the trust interests associated with the account will be withdrawn from the metlife policyholder trust and shares of metlife, inc. If your shares are held outside the policyholder trust in book entry form, through the direct registration system drs, they will be enrolled in the drs sales program, to be sold.
The postdemerger prudential group is one of the largest international life insurance and asset management businesses, focused on the attractive growth. Under the plan and the trust agreement, each policyholders membership interest was extinguished and certain eligible policyholders of metropolitan life the trust eligible policyholders received, in exchange for that interest, a number of interests in the trust trust interests equal to the number of shares of common stock of metlife, inc. As a holder of bookentry shares, you may request that computershare sell all or a portion of. Trust agreement means the metlife policyholder trust agreement, by and among the company, the holding company, the trustee and the custodian, as amended in accordance with its terms.
Where can i find additional information about the metlife policyholder trust. Not supplied unk na indicates shares held indirectly. Computershare are the most common share registry used by australian companies listed on the asx. You may own shares in prudential or metlife if you have an insurance policy with either company. Policyholder trust book entry sharesnumber of whole andor fractional shares to transfer, if applicable all transferred shares will be placed in book entry form. In general, most registered shareholders received their shares as part of prudentials demutualizationthe process of changing from a mutual insurance company to a publicly traded stock companyin december 2001.
Shares may be sold at any time, without affecting policy benefits. Beneficial interests in the metlife policyholder trust. Until august 4, 2017, brighthouse financial was a whollyowned subsidiary of metlife, inc. The winding up of the trust must commence 90 days after the date on which the trustee receives written notice from metlife, inc. Distribution of common stock of brighthouse financial. Sell shares held through computershare share registry sell. Securityholdings are eligible to be sold through investor trade as long as the following. Please acknowledge your agreement with the foregoing by signing. Please acknowledge your agreement with the foregoing by signing in the space above. So, if you own shares in iag example only, it will have an srn identifier.
John hancock demutualization claims unclaimed demutualized. Metlife policyholder trust exact name of registrant as specified in its charter. We expect that the distribution of brighthouse common stock will be tax. The shares of common stock allocated to policyholders who do not receive cash. Metlife policyholder trust accounts sale transactions relating to interests trust interests in the metlife policyholder trust the trust representing shares of common stock of metlife, inc. As you know, metropolitan life insurance company demutualized. Shares that were allocated to eligible policyholders as a result of the demutualization are held in the metlife policyholder trust the trust in book entry form. Unless otherwise determined by the plan administrator, the forfeiture initial credit shall be equal to the number of restricted stock units or performance shares underlying the applicable metlife award, less any number of restricted stock units or performance shares in such metlife award that have been either issued in shares of metlife, inc. If you have a trust, you may want to retitle the stock account into the name of your trust. In the three years preceding the filing of this registration statement, the registrant has not issued any securities that were not registered under the securities act, except for the issuance of 100,000 shares of common stock of the registrant to metlife, inc. Depositary shares, each representing a 11,000th interest in a share of 6. The service is available to investors in companies where computershare acts as share registrar. In this case, all that is required is calling the brokerage firm and speaking with a registered representative to place a sell order.
Metlife currently owns all of the outstanding shares of brighthouse common stock. If you want to cash in stock held in a brokerage account or with the transfer agent of the firm that issued the shares, all you need to do is make a phone call or go online and place a sell order. Iwe wish to have the trust interests associated with the account referenced above, withdrawn from the metlife policyholder trust and shares of metlife, inc. When signing as an attorney, executor, administrator, trustee or guardian, please give title as such. To effect the separation, metlife will distribute at least 80. Some of the more popular shares we sell such as iag, amp and woolworths use computershare to mange their share registries to sell your shares in companies that use computershare as their share registry, you will need the security reference number srn. You seek a no action position from the department in regard to five areas, to wit. Sec info metlife policyholder trust 10k405 for 123100.
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