Gilbert F. Casellas - Mar 11, 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
Mar 11, 2022
Transactions value $
$43,268
Form type
4
Date filed
3/15/2022, 02:03 PM
Previous filing
Dec 20, 2021
Next filing
May 12, 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 - Mandatory Award $41.6K +392 +1.13% $106.05 35.1K Mar 11, 2022 Common Stock 392 $0.00 Direct F1, F2
transaction PRU 2021 Restricted Stock Units Award $1.7K +16 +1.08% $106.05 1.49K Mar 11, 2022 Common Stock 16 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional share - mandatory represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock under the Issuer's deferred compensation plan for non-employee directors.
F2 Such shares are issuable, at the election of the reporting person, to begin on either (i) a date prior to the reporting person's retirement date, provided that such date is no earlier than the January 1 in the year following the plan period during which such fees would otherwise have been payable to the reporting person, (ii) within 90 days following the reporting person's retirement date, or (iii) such later date as selected by the reporting person, provided however, that payment must commence in the year the reporting person attains age 70 1/2.
F3 Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock.
F4 The restricted stock units vest the earlier of the annual meeting or in one year on May 11, 2022.