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PRUDENTIAL FINANCIAL INC — Director's Dealing 2011
Feb 10, 2011
30092_dirs_2011-02-10_008b32ed-492f-4a9f-a990-1e51be7b9aed.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: 2011-02-08
Reporting Person: Blount Susan L (SVP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | M | 2021.0000 | $0.0000 | Acquired | 20923.0000 | Direct |
| 2011-02-08 | Common Stock | F | 637.0000 | $64.0100 | Disposed | 20286.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | 2008 Performance Shares | $0.0000 | M | 6988.0000 | Disposed | Common Stock (6988.0000) | Direct | |
| 2011-02-08 | 2011 Employee Stock Option (right to buy) | $64.0100 | A | 29867.0000 | Acquired | 2021-02-08 | Common Stock (29867.0000) | Direct |
| 2011-02-08 | 2011 Performance Shares | $0.0000 | A | 4574.0000 | Acquired | Common Stock (4574.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1131.0000 | Indirect |
Footnotes
F1: The Compensation Committee awarded these shares, the grant of which was made on February 12, 2008, and originally reported on a Form 4 filed with the SEC on February 14, 2008, 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 2008 through 2010 performance period.
F2: Represents shares withheld for the payment of taxes.
F3: Amount reported has been adjusted to include 77 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between March 9, 2010 and December 31, 2010 based on a plan statement dated December 31, 2010. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F4: The options vest in three equal annual installments beginning on February 8, 2012.
F5: The performance shares convert to common stock on a 1 to 1 basis.
F6: Represents the target number of shares to be received upon attainment of the Company's annual EPS and ROE goals over the 2011 through 2013 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2014.