4//SEC Filing
PRUDENTIAL FINANCIAL INC 4
Accession 0001127602-16-051961
$PRUCIK 0001137774operating
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:20 PM ET
Size
11.2 KB
Accession
0001127602-16-051961
Insider Transaction Report
Form 4
HORNER CONSTANCE J
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-10+8,242→ 14,962.82 total - Disposition to Issuer
Common Stock
2016-05-10$77.16/sh−8,242$635,953→ 6,720.82 total - Exercise/Conversion
Notional Shares - Optional
2016-05-10−6,447→ 0 totalExercise: $0.00→ Common Stock (6,447 underlying) - Exercise/Conversion
2015 Restricted Stock Units
2016-05-10−1,795→ 0 totalExercise: $0.00→ Common Stock (1,795 underlying)
Footnotes (4)
- [F1]Each notional share - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
- [F2]Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer his investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
- [F3]Each restricted stock unit represents a contingent right to receive one share of PRU common stock or the economic equivalent thereof. The restricted stock units become payable, in PRU common stock or in cash, at the election of the reporting person, upon or following the reporting person's termination of service as a Director unless the reporting person elects an earlier date pursuant to the terms of the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
- [F4]The restricted stock units vest the earlier of the annual meeting or in one year on May 10, 2016.
Documents
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001137774
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:20 PM ET
- Size
- 11.2 KB