SEC Form 4 · accession 0001127602-15-024670

PRUDENTIAL FINANCIAL INC · PRU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Richard F Lambert

Officer — Senior Vice President

Period of report

Aug 10, 2015

Accepted (ET)

Aug 11, 2015 · 2:36 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	Aug 10, 2015	M	1,692	$76.15	A	9,796	D
Common Stock^F1,F2	Aug 10, 2015	S	1,561	$91.19	D	8,235	D
Common Stock^F3	holding	—	—		—	5,178	I	By 401(k)
Common Stock^F4	holding	—	—		—	72	I	By Spouse

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)^F5	$76.15	Aug 10, 2015	M	1,692	D	—	Feb 14, 2016	Common Stock	1,692	0	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.18 to $91.23, inclusive. The reporting person undertakes to provide to Prudential Financial, Inc., any security holder of Prudential Financial, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2Following the transactions reported on this Form 4, Mr. Lambert continues to hold 8,235 shares directly and 5,178 shares indirectly in a 401(k) account. Mr. Lambert also holds an additional 27,390 vested stock options, 22,928 unvested stock options, and 9,323 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3Amount reported has been adjusted to include 114 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2014 and June 30, 2015 based on a plan statement dated June 30, 2015. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F4The 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.
F5The option vested in three equal annual installments beginning on February 14, 2007.