Ann M. Kappler - 22 Nov 2022 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
EVP and General Counsel
Signature
/s/ Danny Fiore, attorney-in-fact
Issuer symbol
PRU
Transactions as of
22 Nov 2022
Net transactions value
-$256,125
Form type
4
Filing time
23 Nov 2022, 08:39:12 UTC
Previous filing
02 Mar 2022
Next filing
16 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Sale $203,082 -1,870 -16% $108.60 9,779 22 Nov 2022 Direct
transaction PRU Common Stock Options Exercise $17,530 +223 +2.3% $78.61 10,002 22 Nov 2022 Direct
transaction PRU Common Stock Sale $24,229 -223 -2.2% $108.65 9,779 22 Nov 2022 Direct
transaction PRU Common Stock Options Exercise $118,369 +1,516 +16% $78.08 11,295 22 Nov 2022 Direct
transaction PRU Common Stock Sale $164,713 -1,516 -13% $108.65 9,779 22 Nov 2022 Direct F1
holding PRU Common Stock 749 22 Nov 2022 By 401(k) F2

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 -223 -100% $0.000000* 0 22 Nov 2022 Common Stock 223 $78.61 Direct F3
transaction PRU 2015 Employee Stock Option (Right to Buy) Options Exercise $0 -1,516 -100% $0.000000* 0 22 Nov 2022 Common Stock 1,516 $78.08 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following the transaction reported on this Form 4, Ann Kappler continues to hold 9,779 shares directly and 749 shares indirectly in a 401(k) account. Ann Kappler also holds an additional 16,836 vested stock options, 1,127 unvested stock options, 8,528 restricted stock units and 34,711 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F2 Amount reported has been adjusted to include 31 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2021, and September 30, 2022, based on a plan statement dated September 30, 2022. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F3 The options vest in three equal annual installments beginning on April 15, 2015.
F4 The options vest in three equal annual installments beginning on February 10, 2016.