KRAPEK KARL J 4
4 · PRUDENTIAL FINANCIAL INC · Filed Sep 19, 2022
Insider Transaction Report
Form 4
KRAPEK KARL J
Director
Transactions
- Award
Notional Shares - Optional
2022-09-15$92.54/sh+77$7,126→ 6,053 totalExercise: $0.00→ Common Stock (77 underlying) - Award
2022 Restricted Stock Units
2022-09-15$92.54/sh+18$1,666→ 1,476 total→ Common Stock (18 underlying)
Footnotes (4)
- [F1]Each notional share - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
- [F2]Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer his investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
- [F3]Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock.
- [F4]The restricted stock units vest the earlier of the annual meeting or in one year on May 10, 2023.