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PRUDENTIAL FINANCIAL INC — Director's Dealing 2010
Feb 11, 2010
30092_dirs_2010-02-11_82b79d80-b656-4343-ae66-1717c4434f45.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRUDENTIAL FINANCIAL INC (PRU)
CIK: 0001137774
Period of Report: 2010-02-09
Reporting Person: CARBONE RICHARD J (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-09 | Common Stock | A | 12438 | — | Acquired | 76646 | Direct |
| 2010-02-09 | Common Stock | M | 10945 | — | Acquired | 87591 | Direct |
| 2010-02-09 | Common Stock | F | 4782 | $48.36 | Disposed | 82809 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-09 | 2007 Performance Shares | $0 | M | 8838 | Disposed | Common Stock (8838) | Direct | |
| 2010-02-09 | 2010 Employee Stock Option (right to buy) | $48.36 | A | 27028 | Acquired | 2020-02-09 | Common Stock (27028) | Direct |
| 2010-02-09 | 2010 Performance Shares | $0 | A | 4976 | Acquired | Common Stock (4976) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 856 | Indirect |
Footnotes
F1: The restricted stock units convert to common stock on a 1 to 1 basis. The restricted stock units vest in three equal annual installments beginning on February 9, 2011.
F2: The Compensation Committee awarded these shares, the grant of which was made on February 13, 2007, and originally reported on a Form 4 filed with the SEC on February 15, 2007, based upon performance relative to the goals of an average Return On Equity (ROE) and Compounded Annual Growth Rate (CAGR) in Earnings Per Share (EPS) over the 2007 through 2009 performance period.
F3: Represents shares withheld for the payment of taxes.
F4: Beneficial ownership includes shares acquired under The Prudential Employee Savings Plan which are exempt transactions pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F5: The options vest in three equal annual installments beginning on February 9, 2011.
F6: The performance shares convert to common stock on a 1 to 1 basis.
F7: Represents the target number of shares to be received upon attainment of the Company's annual EPS and ROE goals over the 2010 through 2012 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2013.