SEC Form 4 · accession 0001127602-19-006066
PRUDENTIAL FINANCIAL INC · PRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Strangfeld Jr.
Director · Other
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 5:45 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, 2019 | M | 47,460 | $0.00 | A | 321,978 | D | |
| Common StockF2 | Feb 12, 2019 | F | 21,784 | $93.36 | D | 300,194 | D | |
| Common Stock | holding | — | — | — | 1,904 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 596 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 Performance SharesF1 | — | Feb 12, 2019 | M | 41,558 | D | — | — | Common Stock | 41,558 | 0 | D |
Explanation of responses
- F1The Compensation Committee awarded these shares, the grant of which was made on February 9, 2016, and originally reported on a Form 4 filed with the SEC on February 11, 2016, based upon performance relative to the average Return On Equity (ROE) goals modified by ROE, EPS Growth and Book Value Per Share Growth relative to certain life insurance peers during the 2016 through 2018 performance period.
- F2Represents shares withheld for the payment of taxes.