SEC Form 4 · accession 0001127602-16-041728
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 12, 2016
Accepted (ET)
Feb 17, 2016 · 2:38 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 StockF1 | Feb 12, 2016 | M | 1,670 | $0.00 | A | 1,670 | D | |
| Common StockF2 | Feb 12, 2016 | F | 746 | $61.64 | D | 924 | D | |
| Common StockF3 | holding | — | — | — | 864 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 Restricted Stock UnitsF4,F5 | $0.00 | Feb 12, 2016 | M | 1,670 | D | — | — | Common Stock | 1,670 | 0 | D |
Explanation of responses
- F1Represents the vesting of previously awarded restricted stock units.
- F2Represents shares withheld for the payment of taxes when restricted shares vested.
- F3Amount reported has been adjusted to include 57 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between March 31, 2015 and December 31, 2015 based on a plan statement dated December 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).
- F4The Restricted Stock Units convert to common stock on a 1 to 1 basis.
- F5The Restricted Stock Units will vest on February 12, 2016.