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PRUDENTIAL FINANCIAL INC — Director's Dealing 2022
Sep 19, 2022
30092_dirs_2022-09-19_970d6d51-70f4-4e8f-a8cf-46d53f3ec1cd.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: 2022-09-15
Reporting Person: Pianalto Sandra (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-15 | Notional Shares - Mandatory | $0 | A | 192 | Acquired | Common Stock (192) | Direct | |
| 2022-09-15 | 2022 Restricted Stock Units | $ | A | 18 | Acquired | Common Stock (18) | Direct |
Footnotes
F1: Each notional share - mandatory represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock under the Issuer's deferred compensation plan for non-employee directors.
F2: Such shares are issuable, at the election of the reporting person, to begin on either (i) a date prior to the reporting person's retirement date, provided that such date is no earlier than the January 1 in the year following the plan period during which such fees would otherwise have been payable to the reporting person, (ii) within 90 days following the reporting person's retirement date, or (iii) such later date as selected by the reporting person, provided however, that payment must commence in the year the reporting person attains age 70 1/2.
F3: Each restricted stock unit represents a contingent right to receive one share of PRU common stock.
F4: The restricted stock units vest the earlier of the annual meeting or in one year on May 10, 2023 and were deferred under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.