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PRUDENTIAL FINANCIAL INC — Director's Dealing 2012
Feb 13, 2012
30092_dirs_2012-02-13_b46ac362-2b22-498d-b48c-6d27ce7840ce.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: 2012-02-09
Reporting Person: STRANGFELD JOHN R JR (Director, Chief Executive Officer, Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-09 | Common Stock | F | 9715.0000 | $59.8500 | Disposed | 239563.0000 | Direct |
| 2012-02-10 | Common Stock | M | 137615.0000 | $0.0000 | Acquired | 377178.0000 | Direct |
| 2012-02-10 | Common Stock | F | 54977.0000 | $59.0000 | Disposed | 322201.0000 | Direct |
| 2012-02-13 | Common Stock | S | 64876.0000 | $60.0800 | Disposed | 257325.0000 | 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 | 137615.0000 | Disposed | Common Stock (137615.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1267.0000 | Indirect |
| Common Stock | 565.0000 | Indirect |
Footnotes
F1: Represents shares withheld for the payment of taxes when restricted shares vested.
F2: Represents the vesting of previously awarded restricted stock units.
F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2011.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60 to $60.195, 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 (4) to this Form 4.
F5: Following the transactions reported on this Form 4, Mr. Strangfeld continues to hold 231,812 shares directly and 1,267 shares indirectly in a 401(k) account. Mr. Strangfeld also holds an additional 1,023,557 vested stock options, 158,824 unvested stock options, 25,513 restricted stock units and 51,012 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F6: The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F7: The Restricted Stock Units will vest on February 10, 2012.