SEC Form 4 · accession 0001127602-15-006762
PRUDENTIAL FINANCIAL INC · PRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Lowrey
Officer — Executive Vice President
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137774
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 45,978 | $25.30 | A | 108,798 | D | |
| Common Stock | Feb 13, 2015 | S | 45,978 | $80.00 | D | 62,820 | D | |
| Common StockF2 | Feb 13, 2015 | S | 18,814 | $80.00 | D | 44,006 | D | |
| Common Stock | holding | — | — | — | 60 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/10/09 Employee Stock Option (Right to Buy)F3 | $25.30 | Feb 13, 2015 | M | 45,978 | D | — | Feb 10, 2019 | Common Stock | 45,978 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2014.
- F2Following the transactions reported on this Form 4, Mr. Lowrey continues to hold 44,006 shares directly and 60 shares indirectly in a 401(k) account. Mr. Lowrey also holds an additional 414,475 vested stock options, 115,058 unvested stock options, and 47,360 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- F3The option vests in three equal annual installments beginning on February 10, 2010.