4//SEC Filing
SCOVANNER DOUGLAS A 4
Accession 0001127602-24-010471
CIK 0001137774other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:18 PM ET
Size
11.0 KB
Accession
0001127602-24-010471
Insider Transaction Report
Form 4
SCOVANNER DOUGLAS A
Director
Transactions
- Award
Notional Shares - Mandatory
2024-03-14$111.74/sh+85$9,498→ 7,415 totalExercise: $0.00→ Common Stock (85 underlying) - Award
Notional Shares - Optional
2024-03-14$111.74/sh+153$17,096→ 13,344 totalExercise: $0.00→ Common Stock (153 underlying) - Award
2023 Restricted Stock Units
2024-03-14$111.74/sh+22$2,458→ 1,935 totalExercise: $0.00→ Common Stock (22 underlying)
Footnotes (6)
- [F1]Each notional share - mandatory represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock under the Issuer's deferred compensation plan for non-employee directors.
- [F2]Such shares are issuable, at the election of the reporting person, to begin on either (i) a date prior to the reporting person's retirement date, provided that such date is no earlier than the January 1 in the year following the plan period during which such fees would otherwise have been payable to the reporting person, (ii) within 90 days following the reporting person's retirement date, or (iii) such later date as selected by the reporting person, provided however, that payment must commence in the year the reporting person attains age 70 1/2.
- [F3]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.
- [F4]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.
- [F5]Each restricted stock unit represents a contingent right to receive one share of PRU common stock.
- [F6]The restricted stock units vest the earlier of the annual meeting or in one year on May 9, 2024.
Documents
Issuer
PRUDENTIAL FINANCIAL INC
CIK 0001137774
Entity typeother
Related Parties
1- filerCIK 0001205002
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:18 PM ET
- Size
- 11.0 KB