SEC Form 4 · accession 0001127602-18-000489
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
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 3:05 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 | Jan 2, 2018 | M | 8,758 | $78.08 | A | 37,327 | D | |
| Common StockF1,F2 | Jan 2, 2018 | S | 16,801 | $115.17 | D | 20,526 | D | |
| Common Stock | holding | — | — | — | 7 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Employee Stock Option (Right to Buy)F3 | $78.08 | Jan 2, 2018 | M | 8,758 | D | — | Feb 10, 2025 | Common Stock | 8,758 | 4,380 | 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 March 13, 2017.
- F2Following the transactions reported on this Form 4, Ms. Koster continues to hold 20,526 shares directly and 7 shares indirectly in a 401(k) account. Ms. Koster also holds an additional 63,606 vested stock options, 21,009 unvested stock options, and 14,372 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- F3The options vest in three equal annual installments beginning on February 10, 2016.