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PRUDENTIAL FINANCIAL INC — Director's Dealing 2013
May 10, 2013
30092_dirs_2013-05-10_2919d97b-5f54-4f06-9681-c0f12fdf798d.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: 2013-05-08
Reporting Person: Baird Edward P (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-08 | Common Stock | M | 18344.0000 | $45.0000 | Acquired | 81350.0000 | Direct |
| 2013-05-08 | Common Stock | S | 18344.0000 | $65.8700 | Disposed | 63006.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-08 | 2/10/04 Employee Stock Option (right to buy) | $45.0000 | M | 18344.0000 | Disposed | 2014-02-10 | Common Stock (18344.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1598.0000 | Indirect |
| Common Stock | 110.0000 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.86 to $65.93, 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 (1) to this Form 4.
F2: Following the transactions reported on this Form 4, Mr. Baird continues to hold 63,006 shares directly and 1,598 shares indirectly in a 401(k) account. Mr. Baird also holds an additional 293,946 vested stock options, 184,483 unvested stock options, and 34,648 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3: Amount reported has been adjusted to include 67 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2012 and March 31, 2013 based on a plan statement dated March 31, 2013. 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 reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
F5: The option vested in three equal annual installments beginning on February 10, 2005.