Christine A. Poon - Sep 16, 2021 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Director
Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Sep 16, 2021
Transactions value $
$17,614
Form type
4
Date filed
9/20/2021, 04:50 PM
Previous filing
Aug 31, 2021
Next filing
Oct 13, 2021

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 Notional Shares - Mandatory Award $12.2K +118 +1.1% $103.61 10.8K Sep 16, 2021 Common Stock 118 $0.00 Direct F1, F2
transaction PRU Notional Shares - Optional Award $3.73K +36 +1.1% $103.61 3.32K Sep 16, 2021 Common Stock 36 $0.00 Direct F3, F4
transaction PRU 2021 Restricted Stock Units Award $1.66K +16 +1.11% $103.61 1.46K Sep 16, 2021 Common Stock 16 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 notional share - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
F4 Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer her investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
F5 Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock.
F6 The restricted stock units vest the earlier of the annual meeting or in one year on May 11, 2022.