SEC Form 4 · accession 0001127602-15-005845
PRUDENTIAL FINANCIAL INC · PRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Axel
Officer — SVP and Controller
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 6:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137774
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Performance SharesF1,F2 | $0.00 | Feb 10, 2015 | A | 1,825 | A | — | — | Common Stock | 1,825 | 1,825 | D |
| 2015 Employee Stock Option (Right to Buy)F3 | $78.08 | Feb 10, 2015 | A | 5,054 | A | — | Feb 10, 2025 | Common Stock | 5,054 | 5,054 | D |
Explanation of responses
- F1The performance shares convert to common stock on a 1 to 1 basis.
- F2Represents the target number of shares to be received relative to the Company's average ROE goals for the 2015 through 2017 performance period and relative performance against certain life insurance peer companies. The actual number of shares to be received will be determined by the Compensation Committee in February 2018.
- F3The options vest in three equal annual installments beginning on February 10, 2016.