SEC Form 4 · accession 0001127602-15-020018
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
Jun 5, 2015
Accepted (ET)
Jun 8, 2015 · 2:35 pm EDT
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 | Jun 5, 2015 | M | 996 | $76.15 | A | 996 | D | |
| Common StockF1 | Jun 5, 2015 | S | 996 | $88.38 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 807 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/14/06 Employee Stock Option (Right to Buy)F3 | $76.15 | Jun 5, 2015 | M | 996 | D | — | Feb 14, 2016 | Common Stock | 996 | 0 | D |
Explanation of responses
- F1Following the transactions reported on this Form 4, Mr. Axel continues to hold 0 shares directly and 807 shares indirectly in a 401(k) account. Mr. Axel also holds an additional 2,437 vested stock options, 8,533 unvested stock options, 2,757 restricted stock units and 2,779 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- F2Amount reported has been adjusted to include 28 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2014 and March 31, 2015 based on a plan statement dated March 31, 2015. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
- F3The option vested in three equal annual installments beginning on February 14, 2007.