MetLife Exercise Shares
March 26, 2008
It has recently been announced that the company MetLife has excised its options for approximately three thousand common stock shares. This trade was arranged beforehand, as noted in information files with the Securities and Exchange Commission.
The Chairman of MetLife, C. R. Henrikson was instrumental in exercising these options at a price tag of $29.95 each. The shares were resold later in the day for $60.84 each. This trading plan has been in place to allow people within the company to carry out such transactions.