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PRUDENTIAL FINANCIAL INC — Director's Dealing 2019
Dec 4, 2019
30092_dirs_2019-12-04_0c35578e-0245-4f9b-98cd-8a70f9ea7b41.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PRUDENTIAL FINANCIAL INC (PRU)
CIK: 0001137774
Period of Report: 2019-12-01
Reporting Person: SULLIVAN ANDREW F (Executive Vice President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7517 | Direct |
| Common Stock | 338 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2015 Employee Stock Option (Right to Buy) | $78.08 | 2025-02-10 | Common Stock (826) | Direct | |
| 5/15/15 Employee Stock Option (Right to Buy) | $85.46 | 2025-05-15 | Common Stock (344) | Direct | |
| 10/13/15 Employee Stock Option (Right to Buy) | $77.15 | 2025-10-13 | Common Stock (749) | Direct | |
| 2016 Employee Stock Option (Right to Buy) | $63.59 | 2026-02-09 | Common Stock (2524) | Direct | |
| 2017 Employee Stock Option (Right to Buy) | $110.45 | 2027-02-14 | Common Stock (2577) | Direct | |
| 2017 Performance Shares | $0 | Common Stock (1992) | Direct | ||
| 10/2/17 Employee Stock Option (Right to Buy) | $107.28 | 2027-10-02 | Common Stock (1128) | Direct | |
| 10/2/2017 Performance Shares | $0 | Common Stock (872) | Direct | ||
| 2018 Employee Stock Option (Right to Buy) | $106.89 | 2028-02-13 | Common Stock (3251) | Direct | |
| 2018 Performance Shares | $0 | Common Stock (2462) | Direct | ||
| 2019 Employee Stock Option (Right to Buy) | $93.36 | 2029-02-12 | Common Stock (7022) | Direct | |
| 2019 Performance Shares | $0 | Common Stock (4499) | Direct | ||
| Deferred Compensation Shares | $0 | Common Stock (1574) | Direct |
Footnotes
F1: The options vest in three equal annual installments beginning February 10, 2016.
F2: The options vest in three equal annual installments beginning on May 15, 2016.
F3: The options vest in three equal annual installments beginning on October 13, 2016.
F4: The options vest in three equal annual installments beginning on February 9, 2017.
F5: The options vest in three equal annual installments beginning on February 14, 2018.
F6: Represents the target number of shares to be received relative to the Company's average ROE goals and relative to the ROE achievement of certain life insurance peer companies for the 2017 through 2019 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2020.
F7: The performance shares convert to common stock on a 1 to 1 basis.
F8: The options vest in three equal annual installments beginning on October 2, 2018.
F9: The options vest in three equal annual installments beginning on February 13, 2019.
F10: Represents the target number of shares to be received relative to the Company's average ROE goals and relative to the ROE achievement of certain life insurance peer companies for the 2018 through 2020 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2021.
F11: The options vest in three equal annual installments beginning on February 12, 2020.
F12: Represents the target number of shares to be received relative to the Company's average ROE goals and relative to the ROE achievement of certain life insurance peer companies for the 2019 through 2021 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2022.
F13: Deferred Compensation Shares are deemed immediately exercisable and are payable in cash at a date selected by the participant.
F14: Deferred Compensation Shares are based on unitized accounting and convert to common stock on a 1 to 1 basis.