SEC Form 4 · accession 0001127602-17-007350
PRUDENTIAL FINANCIAL INC · PRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P Harris
Officer — EVP and General Counsel
Period of report
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 3:52 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 | Feb 17, 2017 | M | 8,534 | $64.01 | A | 26,022 | D | |
| Common StockF1 | Feb 17, 2017 | S | 6,087 | $110.75 | D | 19,935 | D | |
| Common Stock | holding | — | — | — | 1,365 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 Employee Stock Option (Right to Buy)F2 | $64.01 | Feb 17, 2017 | M | 8,534 | D | — | Feb 8, 2021 | Common Stock | 8,534 | 0 | D |
Explanation of responses
- F1Following the transaction reported on this Form 4, Mr. Harris continues to hold 19,935 shares directly and 1,365 shares indirectly in a 401(k) account. Mr. Harris also holds an additional 42,866 vested stock options, 35,794 unvested stock options, and 21,661 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- F2The option vested in three equal annual installments beginning on February 8, 2012.