Baird Edward P 4

4 · PRUDENTIAL FINANCIAL INC · Filed Feb 14, 2013

Form 4

Period: 2013-02-12

Executive Vice President

Transactions

Exercise/Conversion
Common Stock
2013-02-12+8,624→ 65,676 total
Tax Payment
Common Stock
2013-02-12$57.00/sh−2,670$152,190→ 63,006 total
Exercise/Conversion
2010 Performance Shares
2013-02-12−7,655→ 0 total
Exercise: $0.00→ Common Stock (7,655 underlying)
Award
2013 Employee Stock Option (right to buy)
2013-02-12+101,745→ 101,745 total
Exercise: $57.00Exp: 2023-02-12→ Common Stock (101,745 underlying)
Award
2013 Performance Shares
2013-02-12+12,177→ 12,177 total
Exercise: $0.00→ Common Stock (12,177 underlying)

Holdings

Footnotes (7)

[F1]The Compensation Committee awarded these shares, the grant of which was made on February 9, 2010, and originally reported on a Form 4 filed with the SEC on February 11, 2010, based upon performance relative to the annual goals for Return On Equity (ROE) and Earnings Per Share (EPS) during the 2010 through 2012 performance period.
[F2]Represents shares withheld for the payment of taxes.
[F3]Amount reported has been adjusted to include 128 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2011 and December 31, 2012 based on a plan statement dated December 31, 2012. 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 reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
[F5]The options vest in three equal annual installments beginning on February 12, 2014.
[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 for the 2013 through 2015 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2016.

Documents

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