Scott Sleyster - Nov 11, 2021 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Executive Vice President
Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Nov 11, 2021
Transactions value $
-$1,193,883
Form type
4
Date filed
11/12/2021, 01:58 PM
Previous filing
Sep 20, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $977K +16.4K +27.41% $59.41 76.5K Nov 11, 2021 Direct
transaction PRU Common Stock Options Exercise $283K +5.94K +7.76% $47.61 82.4K Nov 11, 2021 Direct
transaction PRU Common Stock Sale -$2.45M -22.4K -27.16% $109.62 60K Nov 11, 2021 Direct F1, F2
holding PRU Common Stock 8.24K Nov 11, 2021 By 401(k) F3

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 -16.4K -100% $0.00* 0 Nov 11, 2021 Common Stock 16.4K $59.41 Direct F4
transaction PRU 6/12/2012 Employee Stock Option (Right to Buy) Options Exercise $0 -5.94K -100% $0.00* 0 Nov 11, 2021 Common Stock 5.94K $47.61 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.02 to $109.80 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 sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F2 Following the transactions reported on this Form 4, Mr. Sleyster continues to hold 60,015 shares directly and 8,241 shares indirectly in a 401(k) account. Mr. Sleyster also holds an additional 104,720 deferred compensations shares, 149,207 vested stock options, 41,234 unvested stock options, 13,509 restricted stock units, and 88,731 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3 Amount reported has been adjusted to include 234 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2020 and September 30, 2021 based on a plan statement dated September 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).
F4 The options vest in three equal annual installments beginning on February 14, 2013.
F5 The options vest in three equal annual installments beginning on June 12, 2013.