Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRU | Notional Shares - Mandatory | Award | $7.46K | +69 | +1.05% | $108.05 | 6.66K | Dec 16, 2021 | Common Stock | 69 | $0.00 | Direct | F1, F2 |
transaction | PRU | Notional Shares - Optional | Award | $17.1K | +158 | +1.07% | $108.05 | 15K | Dec 16, 2021 | Common Stock | 158 | $0.00 | Direct | F3, F4 |
transaction | PRU | 2021 Restricted Stock Units | Award | $1.62K | +15 | +1.03% | $108.05 | 1.48K | Dec 16, 2021 | Common Stock | 15 | Direct | F5, F6 |
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 his 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 one share of PRU common stock or the economic equivalent thereof. The restricted stock units become payable, in PRU common stock or in cash, at the election of the reporting person in 2024 unless the reporting person elects to further defer the distribution pursuant to the terms of the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors. |
F6 | The restricted stock units vest the earlier of the annual meeting or in one year on May 11, 2022 and were deferred under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors. |