SEC Form 4 · accession 0001127602-16-067394
PRUDENTIAL FINANCIAL INC · PRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara Koster
Officer — Senior Vice President
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 3:19 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 | Nov 14, 2016 | M | 22,368 | $25.30 | A | 58,367 | D | |
| Common StockF1,F2 | Nov 14, 2016 | S | 22,368 | $100.00 | D | 35,999 | D | |
| Common Stock | holding | — | — | — | 1,197 | 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 | Nov 14, 2016 | M | 22,368 | D | — | Feb 10, 2019 | Common Stock | 22,368 | 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 13, 2016.
- F2Following the transactions reported on this Form 4, Ms. Koster continues to hold 35,999 shares directly and 1,197 shares indirectly in a 401(k) account. Ms. Koster also holds an additional 83,887 vested stock options, 28,419 unvested stock options, and 13,177 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.