Karl J. Krapek - Jan 6, 2022 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: Jan 6, 2022
Transactions value $: -$439,919
Form type: 4
Date filed: 1/10/2022, 03:34 PM
Previous filing: Jan 4, 2022
Next filing: Feb 15, 2022

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 - Optional	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	-$440K	-3.95K	-40.37%	$111.40	5.83K	Jan 6, 2022	Common Stock	3.95K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.

Content

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.

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.