4//SEC Filing
PRUDENTIAL FINANCIAL INC 4
Accession 0001127602-14-006224
$PRUCIK 0001137774operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:54 PM ET
Size
15.1 KB
Accession
0001127602-14-006224
Insider Transaction Report
Form 4
Sayre Peter B
Controller
Transactions
- Exercise/Conversion
Common Stock
2014-02-11+1,719→ 10,663 total - Tax Payment
Common Stock
2014-02-11$84.53/sh−541$45,731→ 10,122 total - Award
2014 Employee Stock Option (Right to Buy)
2014-02-11+3,599→ 3,599 totalExercise: $84.53Exp: 2024-02-11→ Common Stock (3,599 underlying) - Award
2014 Performance Shares
2014-02-11+1,412→ 1,412 totalExercise: $0.00→ Common Stock (1,412 underlying) - Exercise/Conversion
2011 Performance Shares
2014-02-11−1,358→ 0 totalExercise: $0.00→ Common Stock (1,358 underlying)
Holdings
- 352(indirect: By 401(k))
Common Stock
- 66(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]The Compensation Committee awarded these shares, the grant of which was made on February 8, 2011, and originally reported on a Form 4 filed with the SEC on February 10, 2011, based upon performance relative to the annual goals for Return On Equity (ROE) and Earnings Per Share (EPS) during the 2011 through 2013 performance period.
- [F2]Represents shares withheld for the payment of taxes.
- [F3]Amount reported has been adjusted to include 1 share of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2013 and December 31, 2013 based on a plan statement dated December 31, 2013. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
- [F4]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F5]The options vest in three equal annual installments beginning on February 11, 2015.
- [F6]The performance shares convert to common stock on a 1 to 1 basis.
- [F7]Represents the target number of shares to be received relative to the Company's average ROE goals for the 2014 through 2016 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2017.
Documents
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001137774
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 6:54 PM ET
- Size
- 15.1 KB