Stacey Goodman - Feb 8, 2022 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
4
Date filed
2/10/2022, 05:27 PM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRU Common Stock 982 Feb 8, 2022 By 401(k) F1

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 2022 Restricted Stock Units Award $0 +4.95K $0.00 4.95K Feb 8, 2022 Common Stock 4.95K $0.00 Direct F2, F3
transaction PRU 2022 Performance Shares Award $0 +14.8K $0.00 14.8K Feb 8, 2022 Common Stock 14.8K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount reported has been adjusted to include 435 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2020, and December 31, 2021, based on a plan statement dated December 31, 2021. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F2 The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F3 The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2023.
F4 The performance shares convert to common stock on a 1 to 1 basis.
F5 Represents the target number of shares to be received. The actual number of shares to be received will be determined by the Compensation Committee in February 2025 based on the Company's ROE performance relative to certain life insurance peer companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2022 through 2024 performance period.