4//SEC Filing
Woods Candace 4
Accession 0001127602-23-005585
CIK 0001137774other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:52 PM ET
Size
14.3 KB
Accession
0001127602-23-005585
Insider Transaction Report
Form 4
Woods Candace
Senior Vice President
Transactions
- Award
2023 Performance Shares
2023-02-14+3,729→ 3,729 totalExercise: $0.00→ Common Stock (3,729 underlying) - Exercise/Conversion
2020 Performance Share
2023-02-14−3,443→ 0 total→ Common Stock (3,443 underlying) - Tax Payment
Common Stock
2023-02-14$103.27/sh−1,159$119,690→ 15,728 total - Exercise/Conversion
Common Stock
2023-02-14+3,092→ 16,887 total - Award
2023 Restricted Stock Units
2023-02-14+1,598→ 1,598 totalExercise: $0.00→ Common Stock (1,598 underlying)
Holdings
- 1,688(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]The Compensation Committee determined the number of shares received based on the Company's return on equity ("ROE") performance relative to a pre-determined goal and relative to the ROE performance of certain life insurance peer companies for the 2020 through 2022 performance period.
- [F2]Represents shares withheld for the payment of taxes.
- [F3]Amount reported has been adjusted to include 86 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2021, and December 31, 2022, based on a plan statement dated December 31, 2022. 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 Restricted Stock Units convert to common stock on a 1 to 1 basis.
- [F5]The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2024.
- [F6]The performance shares convert to common stock on a 1 to 1 basis.
- [F7]Represents the target number of shares to be received. The actual number of shares to be received will be determined by the Compensation Committee in February 2026 based on the Company's ROE performance relative to a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2023 through 2025 performance period.
Documents
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeother
Related Parties
1- filerCIK 0001723202
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:52 PM ET
- Size
- 14.3 KB