Pelletier Stephen 4

4 · PRUDENTIAL FINANCIAL INC · Filed Feb 14, 2019

Form 4

Period: 2019-02-12

Executive Vice President

Transactions

Exercise/Conversion
Common Stock
2019-02-12+21,357→ 29,874 total
Tax Payment
Common Stock
2019-02-12$93.36/sh−8,293$774,234→ 21,581 total
Exercise/Conversion
2016 Performance Shares
2019-02-12−18,701→ 0 total
→ Common Stock (18,701 underlying)
Award
2019 Performance Shares
2019-02-12+15,264→ 15,264 total
Exercise: $0.00→ Common Stock (15,264 underlying)
Award
2019 Employee Stock Option (Right to Buy)
2019-02-12+47,643→ 47,643 total
Exercise: $93.36Exp: 2029-02-12→ Common Stock (47,643 underlying)

Holdings

Footnotes (6)

[F1]The Compensation Committee awarded these shares, the grant of which was made on February 9, 2016, and originally reported on a Form 4 filed with the SEC on February 11, 2016, based upon performance relative to the average Return On Equity (ROE) goals modified by ROE, EPS Growth and Book Value Per Share Growth relative to certain life insurance peers during the 2016 through 2018 performance period.
[F2]Represents shares withheld for the payment of taxes.
[F3]Amount reported has been adjusted to include 28 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 performance shares convert to common stock on a 1 to 1 basis.
[F5]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 2019 through 2021 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2022.
[F6]The options vest in three equal annual installments beginning on February 12, 2020.

Documents

1 file