Karl J. Krapek - Dec 15, 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
Dec 15, 2022
Transactions value $
$8,878
Form type
4
Date filed
12/19/2022, 01:22 PM
Previous filing
Oct 4, 2022
Next filing
Jan 4, 2023

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 - Optional Award $7.18K +72 +1.19% $99.75 6.13K Dec 15, 2022 Common Stock 72 $0.00 Direct F1, F2
transaction PRU 2022 Restricted Stock Units Award $1.7K +17 +1.15% $99.75 1.49K Dec 15, 2022 Common Stock 17 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 - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
F2 Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer his investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
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 10, 2023.