SEC Form 4 · accession 0001127602-16-064719

PRUDENTIAL FINANCIAL INC · PRU

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

Reporting owner

Sharon C Taylor

Officer — Senior Vice President

Period of report

Oct 10, 2016

Accepted (ET)

Oct 12, 2016 · 3:45 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	Oct 10, 2016	M	16,320	$69.03	A	77,221	D
Common Stock	Oct 10, 2016	M	7,536	$48.36	A	84,757	D
Common Stock	Oct 10, 2016	M	19,200	$64.01	A	103,957	D
Common Stock	Oct 10, 2016	M	16,996	$59.41	A	120,953	D
Common Stock	Oct 10, 2016	M	31,977	$57.00	A	152,930	D
Common Stock^F1	Oct 10, 2016	S	65,847	$85.00	D	87,083	D
Common Stock^F1,F2	Oct 10, 2016	S	4,821	$84.99	D	82,262	D
Common Stock^F1,F3,F4	Oct 10, 2016	S	14,822	$84.97	D	67,440	D
Common Stock^F5	holding	—	—		—	1,729	I	By 401(k)

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
2/12/08 Employee Stock Option (Right to Buy)^F6	$69.03	Oct 10, 2016	M	16,320	D	—	Feb 12, 2018	Common Stock	16,320	D
2010 Employee Stock Option (Right to Buy)^F7	$48.36	Oct 10, 2016	M	7,536	D	—	Feb 9, 2020	Common Stock	7,536	D
2011 Employee Stock Option (Right to Buy)^F8	$64.01	Oct 10, 2016	M	19,200	D	—	Feb 8, 2021	Common Stock	19,200	D
2012 Employee Stock Option (Right to Buy)^F9	$59.41	Oct 10, 2016	M	16,996	D	—	Feb 14, 2022	Common Stock	16,996	D
2013 Employee Stock Option (Right to Buy)^F10	$57.00	Oct 10, 2016	M	31,977	D	—	Feb 12, 2023	Common Stock	31,977	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 September 12, 2016.
F10The options vest in three equal annual installments beginning on February 12, 2014.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.65 to $85.16 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 2 to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.68 to $85.15 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 3 to this Form 4.
F4Following the transactions reported on this Form 4, Ms. Taylor continues to hold 67,440 shares directly and 1,729 shares indirectly in a 401(k) account. Ms. Taylor also holds an additional 27,094 vested stock options, 38,449 unvested stock options, and 18,296 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F5Amount reported has been adjusted to include 10 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between June 30, 2016 and September 30, 2016 based on a plan statement dated September 30, 2016. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F6The option vests in three equal annual installments beginning on February 12, 2009.
F7The options vest in three equal annual installments beginning on February 9, 2011.
F8The options vest in three equal annual installments beginning on February 8, 2012.
F9The options vest in three equal annual installments beginning on February 14, 2013.