Filing Details
- Accession Number:
- 0001127602-22-025952
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-17 16:33:08
- Reporting Period:
- 2022-11-15
- Accepted Time:
- 2022-11-17 16:33:08
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1137774 | Prudential Financial Inc | PRU | Life Insurance (6311) | 223703799 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1602678 | Robert Axel | 751 Broad Street, 5Th Floor Attn: Regulatory Filings Unit Newark NJ 07102 | Svp And Controller | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2022-11-15 | 6,300 | $109.01 | 4,691 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 502 | $87.45 | 5,193 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-15 | 456 | $109.13 | 4,737 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 1,685 | $78.08 | 6,422 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-15 | 1,458 | $109.13 | 4,964 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 4,207 | $63.59 | 9,171 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-15 | 3,364 | $109.13 | 5,807 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 3/11/2014 Employee Stock Option (right to buy) | Disposition | 2022-11-15 | 502 | $0.00 | 502 | $87.45 |
| Common Stock | 2015 Employee Stock Option (Right to Buy) | Disposition | 2022-11-15 | 1,685 | $0.00 | 1,685 | $78.08 |
| Common Stock | 2016 Employee Stock Option (Right to Buy) | Disposition | 2022-11-15 | 4,207 | $0.00 | 4,207 | $63.59 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-03-11 | No | 4 | M | Direct | |
| 0 | 2025-02-10 | No | 4 | M | Direct | |
| 0 | 2026-02-09 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,254 | Indirect | By 401(k) |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $108.99 to $109.03, 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 bought at each separate price within the ranges set forth in footnote (1) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $109.11 to $109.18, 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 bought at each separate price within the ranges set forth in footnote (2) to this Form 4.
- Following the transactions reported on this Form 4, Mr. Axel continues to hold 5,807 shares directly and 1,254 shares indirectly in a 401(k) account. Mr. Axel also holds an additional 1,485 Deferred Compensation shares, 10,115 vested stock options, 1,314 unvested stock options, 3,451 restricted stock units, and 14,438 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- Amount reported has been adjusted to include 51 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2021, and September 30, 2022, based on a plan statement dated September 30, 2022. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
- The options vest in three equal annual installments beginning on March 11, 2015.
- The options vest in three equal annual installments beginning on February 10, 2016.
- The options vested in three equal annual installments beginning on February 9, 2017.
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