| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PRU | Common Stock | Options Exercise | $0 | +22.9K | +38.13% | $0.00 | 82.9K | Feb 8, 2022 | Direct | F1, F2 |
| transaction | PRU | Common Stock | Tax liability | -$1.27M | -10.5K | -12.63% | $121.33 | 72.4K | Feb 8, 2022 | Direct | F3 |
| holding | PRU | Common Stock | 8.32K | Feb 8, 2022 | By 401(k) | F4 |
| 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 | +9.07K | $0.00 | 9.07K | Feb 8, 2022 | Common Stock | 9.07K | $0.00 | Direct | F5, F6 | |
| transaction | PRU | 2022 Performance Shares | Award | $0 | +27.2K | $0.00 | 27.2K | Feb 8, 2022 | Common Stock | 27.2K | $0.00 | Direct | F7, F8 | |
| transaction | PRU | Deferred Compensation Shares | Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities | -$10.8M | -89.2K | -84.34% | $121.33 | 16.6K | Feb 8, 2022 | Common Stock | 89.2K | $0.00 | Direct | F9, F10 |
| transaction | PRU | 2019 Performance Shares | Options Exercise | $0 | -12.2K | -100% | $0.00* | 0 | Feb 8, 2022 | Common Stock | 12.2K | $0.00 | Direct | F1 |
| Id | Content |
|---|---|
| F1 | The Compensation Committee determined the number of shares received based on the Company's return on equity ("ROE") performance relative to a pre-determined goal and relative to the ROE performance of certain life insurance peer companies for the 2019 through 2021 performance period |
| F2 | Includes cash settled performance units which were converted from cash to equity settlement based on a decision by the Compensation Committee. |
| F3 | Represents shares withheld for the payment of taxes. |
| F4 | Amount reported has been adjusted to include 79 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2021, 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). |
| F5 | The Restricted Stock Units convert to common stock on a 1 to 1 basis. |
| F6 | The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2023. |
| F7 | The performance shares convert to common stock on a 1 to 1 basis. |
| F8 | 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. |
| F9 | Deferred Compensation Shares are based on unitized accounting and convert to common stock on a 1 to 1 basis. |
| F10 | Deferred Compensation Shares are deemed immediately exercisable and are payable in cash at a date selected by the participant. |