Timothy L. Schmidt - Aug 24, 2021 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role: Senior Vice President
Signature: /s/ Richard J. Baker, attorney-in-fact
Stock symbol: PRU
Transactions as of: Aug 24, 2021
Transactions value $: -$299,345
Form type: 4
Date filed: 8/24/2021, 05:45 PM
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRU	Common Stock	Options Exercise	$391K	+6.58K	+39.88%	$59.41	23.1K	Aug 24, 2021	Direct
transaction	PRU	Common Stock	Sale	-$690K	-6.58K	-28.51%	$104.91	16.5K	Aug 24, 2021	Direct	F1
holding	PRU	Common Stock						247	Aug 24, 2021	By 401(k)	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRU	2012 Employee Stock Option (Right to Buy)	Options Exercise	$0	-6.58K	-100%	$0.00^*	0	Aug 24, 2021	Common Stock	6.58K	$59.41	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Following the transaction reported on this Form 4, Mr. Schmidt continues to hold 16,497 shares directly and 247 shares indirectly in a 401(k) account. Mr. Schmidt also holds an additional 22,021 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).
F2	Amount reported has been adjusted to include 4 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2020 and June 30, 2021 based on a plan statement dated June 30, 2021. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F3	The options vested in three equal annual installments beginning on February 14, 2013.