ROBERT FALZON - 07 Jan 2022 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
EVP and Vice Chairman
Signature
/s/ Richard J. Baker, attorney-in-fact
Issuer symbol
PRU
Transactions as of
07 Jan 2022
Net transactions value
-$474,746
Form type
4
Filing time
10 Jan 2022, 15:42:03 UTC
Previous filing
06 Jan 2022
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 $634,313 +7,504 +8.1% $84.53 99,692 07 Jan 2022 Direct F1
transaction PRU Common Stock Sale $808,565 -7,031 -7.1% $115.00 92,661 07 Jan 2022 Direct F1
transaction PRU Common Stock Options Exercise $834,441 +10,687 +12% $78.08 103,348 07 Jan 2022 Direct F1
transaction PRU Common Stock Sale $1,134,935 -9,869 -9.5% $115.00 93,479 07 Jan 2022 Direct F1, F2
holding PRU Common Stock 653 07 Jan 2022 By 401(k)
holding PRU Common Stock 3,580 07 Jan 2022 By Spouse

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 2014 Employee Stock Option (Right to Buy) Options Exercise $0 -7,504 -100% $0.000000* 0 07 Jan 2022 Common Stock 7,504 $84.53 Direct F1, F3
transaction PRU 2015 Employee Stock Option (Right to Buy) Options Exercise $0 -10,687 -100% $0.000000* 0 07 Jan 2022 Common Stock 10,687 $78.08 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2021.
F2 Following the transactions reported on this Form 4, Mr. Falzon continues to hold 93,479 shares directly and 653 shares indirectly in a 401(k) account. Mr. Falzon also holds an additional 124,360 vested stock options, 71,617 unvested stock options, 27,632 unvested restricted stock units and 164,498 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3 The options vested in three equal annual installments beginning on February 11, 2015.
F4 The options vested in three equal annual installments beginning on February 10, 2016.