Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRU | Common Stock | Options Exercise | $0 | +12.6K | +67.97% | $0.00 | 31.3K | Feb 14, 2023 | Direct | F1 |
transaction | PRU | Common Stock | Tax liability | -$421K | -4.08K | -13.05% | $103.27 | 27.2K | Feb 14, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRU | 2023 Restricted Stock Units | Award | $0 | +6.66K | $0.00 | 6.66K | Feb 14, 2023 | Common Stock | 6.66K | $0.00 | Direct | F3, F4 | |
transaction | PRU | 2023 Performance Shares | Award | $0 | +20K | $0.00 | 20K | Feb 14, 2023 | Common Stock | 20K | $0.00 | Direct | F5, F6 | |
transaction | PRU | 2020 Performance Share | Options Exercise | $0 | -14.1K | -100% | $0.00* | 0 | Feb 14, 2023 | Common Stock | 14.1K | 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 2020 through 2022 performance period. |
F2 | Represents shares withheld for the payment of taxes. |
F3 | The Restricted Stock Units convert to common stock on a 1 to 1 basis. |
F4 | The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2024. |
F5 | The performance shares convert to common stock on a 1 to 1 basis. |
F6 | 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 2026 based on the Company's ROE performance relative to a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2023 through 2025 performance period. |