4//SEC Filing
Harris Timothy P 4
Accession 0001127602-20-005386
CIK 0001137774other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 8:06 PM ET
Size
14.2 KB
Accession
0001127602-20-005386
Insider Transaction Report
Form 4
Harris Timothy P
EVP and General Counsel
Transactions
- Tax Payment
Common Stock
2020-02-11$95.87/sh−6,276$601,680→ 40,437 total - Exercise/Conversion
2017 Performance Shares
2020-02-11−7,113→ 0 total→ Common Stock (7,113 underlying) - Award
2020 Employee Stock Option (Right to Buy)
2020-02-11+15,485→ 15,485 totalExercise: $95.87Exp: 2030-02-11→ Common Stock (15,485 underlying) - Award
2020 Performance Share
2020-02-11+17,211→ 17,211 total→ Common Stock (17,211 underlying) - Exercise/Conversion
Common Stock
2020-02-11+15,464→ 46,713 total
Holdings
- 1,523(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]The Compensation Committee awarded these shares based upon performance relative to the average Return On Equity (ROE) goals and relative to the ROE achievement of certain life insurance peer companies for the 2017 through 2019 performance period.
- [F2]Includes cash settled performance units which were converted from cash to equity settlement based on a decision by the Compensation Committee.
- [F3]Represents shares withheld for the payment of taxes.
- [F4]Amount reported has been adjusted to include 59 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2018 and December 31, 2019 based on a plan statement dated December 31, 2019. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
- [F5]The options vest in three equal annual installments beginning on February 11, 2021.
- [F6]The performance shares convert to common stock on a 1 to 1 basis.
- [F7]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 2020 through 2022 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2023.
Documents
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeother
Related Parties
1- filerCIK 0001653998
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 8:06 PM ET
- Size
- 14.2 KB