STRANGFELD JOHN R JR 4
4 · PRUDENTIAL FINANCIAL INC · Filed Jan 11, 2019
Insider Transaction Report
Form 4
STRANGFELD JOHN R JR
DirectorChief Executive OfficerOther
Transactions
- Exercise/Conversion
Common Stock
2019-01-09+33,693→ 308,211 total - Exercise/Conversion
Deferred Compensation Shares
2019-01-09−33,693→ 10,935 totalExercise: $0.00→ Common Stock (33,693 underlying) - Disposition to Issuer
Common Stock
2019-01-09$85.50/sh−33,693$2,880,752→ 274,518 total
Holdings
- 1,904(indirect: By 401(k))
Common Stock
- 596(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Distribution resulting from retirement as Chief Executive Officer.
- [F2]Following the transaction reported on this Form 4, Mr. Strangfeld continues to hold 274,518 shares directly and 1,904 shares indirectly in a 401(k) account. Mr. Strangfeld also holds an additional 738,934 vested stock options, 237,423 unvested stock options, 10,935 deferred compensation shares, and 125,379 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- [F3]Amount reported has been adjusted to include 83 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2017 and December 31, 2018 based on a plan statement dated December 31, 2018. 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]Deferred Compensation Shares are based on unitized accounting and convert to common stock on a 1 to 1 basis.
- [F6]Deferred Compensation Shares are deemed immediately exercisable and are payable in cash at a date selected by the participant.