Charles F. Lowrey - Dec 28, 2021 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Chief Executive Officer, Director, Chairman of the Board
Signature
/s/ Danny Fiore, attorney-in-fact
Stock symbol
PRU
Transactions as of
Dec 28, 2021
Transactions value $
-$3,483,960
Form type
4
Date filed
12/29/2021, 08:48 AM
Previous filing
Oct 13, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $3.55M +45.5K +47.49% $78.08 141K Dec 28, 2021 Direct
transaction PRU Common Stock Sale -$4.7M -42.8K -30.28% $110.00 98.5K Dec 28, 2021 Direct F1
transaction PRU Common Stock Options Exercise $3.29M +39K +39.57% $84.53 137K Dec 28, 2021 Direct
transaction PRU Common Stock Sale -$4.08M -37.1K -27.02% $110.00 100K Dec 28, 2021 Direct F1
transaction PRU Common Stock Sale -$1.54M -14K -13.96% $110.00 86.3K Dec 28, 2021 Direct F1, F2
holding PRU Common Stock 253 Dec 28, 2021 By 401(k)

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 2015 Employee Stock Option (Right to Buy) Options Exercise $0 -45.5K -100% $0.00* 0 Dec 28, 2021 Common Stock 45.5K $78.08 Direct F3
transaction PRU 2014 Employee Stock Option (Right to Buy) Options Exercise $0 -39K -100% $0.00* 0 Dec 28, 2021 Common Stock 39K $84.53 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2021.
F2 Following the transactions reported on this Form 4, Mr. Lowrey continues to hold 86,302 shares directly and 253 shares indirectly in a 401(k) account. Mr. Lowrey also holds an additional 154,347 vested stock options, 90,063 unvested stock options, 34,693 restricted stock units, and 209,366 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3 The options vest in three equal annual installments beginning on February 10, 2016.
F4 The options vest in three equal annual installments beginning on February 11, 2015