4//SEC Filing
Pelletier Stephen 4
Accession 0001127602-19-006057
CIK 0001137774other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:34 PM ET
Size
14.2 KB
Accession
0001127602-19-006057
Insider Transaction Report
Form 4
Pelletier Stephen
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 totalExercise: $0.00→ Common Stock (15,264 underlying) - Award
2019 Employee Stock Option (Right to Buy)
2019-02-12+47,643→ 47,643 totalExercise: $93.36Exp: 2029-02-12→ Common Stock (47,643 underlying)
Holdings
- 625(indirect: By 401(k))
Common Stock
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
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeother
Related Parties
1- filerCIK 0001602568
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:34 PM ET
- Size
- 14.2 KB