Charles F. Lowrey - 28 Dec 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
Issuer symbol
PRU
Transactions as of
28 Dec 2021
Net transactions value
-$3,483,960
Form type
4
Filing time
29 Dec 2021, 08:48:19 UTC
Previous filing
13 Oct 2021
Next filing
10 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $3,550,922 +45,478 +47% $78.08 141,234 28 Dec 2021 Direct
transaction PRU Common Stock Sale $4,704,040 -42,764 -30% $110.00 98,470 28 Dec 2021 Direct F1
transaction PRU Common Stock Options Exercise $3,293,458 +38,962 +40% $84.53 137,432 28 Dec 2021 Direct
transaction PRU Common Stock Sale $4,084,300 -37,130 -27% $110.00 100,302 28 Dec 2021 Direct F1
transaction PRU Common Stock Sale $1,540,000 -14,000 -14% $110.00 86,302 28 Dec 2021 Direct F1, F2
holding PRU Common Stock 253 28 Dec 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 -45,478 -100% $0.000000* 0 28 Dec 2021 Common Stock 45,478 $78.08 Direct F3
transaction PRU 2014 Employee Stock Option (Right to Buy) Options Exercise $0 -38,962 -100% $0.000000* 0 28 Dec 2021 Common Stock 38,962 $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