Caroline Feeney - Jan 1, 2023 Form 3 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Executive Vice President
Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
3
Date filed
1/10/2023, 04:24 PM
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRU Common Stock 5.13K Jan 1, 2023 Direct
holding PRU Common Stock 7.54K Jan 1, 2023 By 401(k)

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
holding PRU 2017 Employee Stock Option (Right to Buy) Jan 1, 2023 Common Stock 2.12K $110.45 Direct F1
holding PRU 10/2/17 Employee Stock Option (Right to Buy) Jan 1, 2023 Common Stock 1.22K $107.28 Direct F2
holding PRU 2018 Employee Stock Option (Right to Buy) Jan 1, 2023 Common Stock 2.93K $106.89 Direct F3
holding PRU 2019 Employee Stock Option (Right to Buy) Jan 1, 2023 Common Stock 5.02K $93.36 Direct F4
holding PRU 2020 Employee Stock Option (Right to Buy) Jan 1, 2023 Common Stock 7.88K $95.87 Direct F5
holding PRU 2020 Performance Share Jan 1, 2023 Common Stock 8.76K Direct F6, F7
holding PRU 6/12/2018 Employee Stock Option (right to buy) Jan 1, 2023 Common Stock 397 $99.76 Direct F8
holding PRU 2021 Performance Shares Jan 1, 2023 Common Stock 12K Direct F9, F10
holding PRU 2021 Restricted Stock Units Jan 1, 2023 Common Stock 3.44K $0.00 Direct F11, F12
holding PRU 2022 Performance Shares Jan 1, 2023 Common Stock 15.6K Direct F13, F14
holding PRU 2022 Restricted Stock Units Jan 1, 2023 Common Stock 6.68K $0.00 Direct F15, F16
holding PRU 1/12/21 Restricted Stock Units Jan 1, 2023 Common Stock 60.8K Direct F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in three equal annual installments beginning on February 14, 2018
F2 The options vest in three equal annual installments beginning on October 2, 2018
F3 The options vest in three equal annual installments beginning on February 13, 2019.
F4 The options vest in three equal annual installments beginning on February 12, 2020.
F5 The options vest in three equal annual installments beginning on February 11, 2021.
F6 Represents the target number of shares to be received relative to the Company's average ROE goals and relative to the ROE achievement of certain life insurance peer companies for the 2020 through 2022 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2023.
F7 The performance shares convert to common stock on a 1 to 1 basis.
F8 The options vest in three equal annual installments beginning on June 12, 2019.
F9 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 2024 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 2021 through 2023 performance period, as adjusted based on the results of an inclusion and diversity modifier.
F10 Performance shares convert to common stock on a 1 to 1 basis
F11 The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2022.
F12 The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F13 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.
F14 Performance shares convert to common stock on a 1 to 1 basis.
F15 The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2023.
F16 The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F17 The Restricted Stock Units will vest on 1/12/26