We performed first systematic DFT study of the structures and electronic features (frontier orbitals energies, HOMO/LUMO and optical gaps, IPs and EAs) of the MP(P)4 compounds, with increasing number of d-electrons: 3d14s2 (Sc)→3d24s2 (Ti)→3d64s2 (Fe)→3d84s2 (Ni)→3d104s1 (Cu)→3d104s2 (Zn). We performed systematic comparison with the tetrapyrrole MP counterparts. Complete substitution of the pyrrole nitrogens by P-atoms does not change the calculated ground spin state of the compound. All the MP(P)4 species adopt a bowl-like shape, compared to generally planar or slightly distorted shapes of their MP counterparts. Significant positive charge accumulates on P-atoms in MP(P)4. Positive charges on the metals in MP(P)4 are noticeably lower than in the MP counterparts. The calculated MP(P)4 HOMO/LUMO gaps and optical gaps are noticeably smaller than the corresponding gaps in their MP counterparts, which is explained by stabilization of the MP(P)4 LUMOs.