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PRUDENTIAL FINANCIAL INC 4

Accession 0001127602-17-006680

$PRUCIK 0001137774operating
View on SEC.govCompany Profile

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 5:55 PM ET

Size

14.1 KB

Accession

0001127602-17-006680

Insider Transaction Report

Form 4
Period: 2017-02-14
PRUDENTIAL FINANCIAL INCPRU
GRIER MARK B
DirectorVice Chairman
Transactions
  • Exercise/Conversion

    Common Stock

    2017-02-14+29,713→ 354,135 total
  • Exercise/Conversion

    2014 Performance Shares

    2017-02-14−23,770→ 0 total
    Exercise: $0.00→ Common Stock (23,770 underlying)
  • Award

    2017 Employee Stock Option (Right to Buy)

    2017-02-14+58,889→ 58,889 total
    Exercise: $110.45Exp: 2027-02-14→ Common Stock (58,889 underlying)
  • Tax Payment

    Common Stock

    2017-02-14$110.45/sh−12,181$1,345,391→ 341,954 total
  • Award

    2017 Performance Shares

    2017-02-14+22,760→ 22,760 total
    → Common Stock (22,760 underlying)
Holdings

  • Common Stock

    (indirect: By 401(k))
    22,933
Footnotes (6)
  • [F1]The Compensation Committee awarded these shares, the grant of which was made on February 11, 2014, and originally reported on a Form 4 filed with the SEC on February 13, 2014, based upon performance relative to the average Return On Equity (ROE) goals during the 2014 through 2016 performance period.
  • [F2]Represents shares withheld for the payment of taxes.
  • [F3]Amount reported has been adjusted to include 63 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2016 and December 31, 2016 based on a plan statement dated December 31, 2016. 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 options vest in three equal annual installments beginning on February 14, 2018.
  • [F5]The performance shares convert to common stock on a 1 to 1 basis.
  • [F6]Represents the target number of shares to be received relative to the Company's average ROE goals and relative to the ROE achievement of certain life insurance peer companies for the 2017 through 2019 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2020.

Documents

1 file

Issuer

PRUDENTIAL FINANCIAL INC

CIK 0001137774

→
Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001137774

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 5:55 PM ET
Size
14.1 KB
View on SEC.gov