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PRUDENTIAL FINANCIAL INC — Director's Dealing 2022
Feb 9, 2022
30092_dirs_2022-02-09_667cb8dc-5197-4dab-ac80-9622b68dd4ff.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: 2022-02-07
Reporting Person: SCHMIDT TIMOTHY L (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-07 | Common Stock | M | 3811 | $54.00 | Acquired | 16708 | Direct |
| 2022-02-07 | Common Stock | S | 3811 | $120.00 | Disposed | 12897 | Direct |
| 2022-02-07 | Common Stock | M | 10902 | $57.00 | Acquired | 23799 | Direct |
| 2022-02-07 | Common Stock | S | 10902 | $120.00 | Disposed | 12897 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-07 | 8/15/2012 Employee Stock Option (Right to Buy) | $54.00 | M | 3811 | Disposed | 2022-08-15 | Common Stock (3811) | Direct |
| 2022-02-07 | 2013 Employee Stock Option (Right to Buy) | $57.00 | M | 10902 | Disposed | 2023-02-12 | Common Stock (10902) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 252 | Indirect |
Footnotes
F1: The option exercises and sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2021.
F2: Following the transaction reported on this Form 4, Mr. Schmidt continues to hold 12,897 shares directly and 252 shares indirectly in a 401(k) account. Mr. Schmidt also holds an additional 7,308 vested stock options, 7,597 unvested stock options, 6,264 restricted stock units and 32,374 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3: Amount reported has been adjusted to include 2 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2021 and December 31, 2021 based on a plan statement dated December 31, 2021. 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 options vest in three equal annual installments beginning on August 15, 2013.
F5: The options vest in three equal annual installments beginning on February 12, 2014.