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PRUDENTIAL FINANCIAL INC — Director's Dealing 2012
Feb 14, 2012
30092_dirs_2012-02-14_f87e849d-678c-4ed7-b7b0-fd028a7e286f.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: 2012-02-10
Reporting Person: Lowrey Charles F (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-10 | Common Stock | M | 39168.0000 | $0.0000 | Acquired | 55615.0000 | Direct |
| 2012-02-10 | Common Stock | F | 18316.0000 | $59.0000 | Disposed | 37299.0000 | Direct |
| 2012-02-13 | Common Stock | M | 10906.0000 | $39.9500 | Acquired | 48205.0000 | Direct |
| 2012-02-13 | Common Stock | S | 8280.0000 | $59.9000 | Disposed | 39925.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-10 | 2/10/09 Restricted Stock Units | $0.0000 | M | 39168.0000 | Disposed | Common Stock (39168.0000) | Direct | |
| 2012-02-13 | 6/19/02 Employee Stock Option (right to buy) | $33.9500 | M | 10906.0000 | Disposed | 2012-06-19 | Common Stock (10906.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 992.0000 | Indirect |
Footnotes
F1: Represents the vesting of previously awarded restricted stock units.
F2: Represents shares withheld for the payment of taxes when restricted shares vested.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.89 to $59.912, inclusive. The reporting person undertakes to provide to Prudential Financial, Inc., any security holder of Prudential Financial, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4: Following the transactions reported on this Form 4, Mr. Lowrey continues to hold 39,925 shares directly and 992 shares indirectly in a 401(k) account. Mr. Lowrey also holds an additional 221,330 vested stock options, 63,639 unvested stock options, and 19,090 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F5: The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F6: The Restricted Stock Units will vest on February 10, 2012.
F7: The option vested in three equal annual installments on June 19, 2003, 2004 and 2005.