Key facts
- This page summarizes Nicholas C. Silitch's Form 4 filing for PRUDENTIAL FINANCIAL INC (PRU).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 10 Feb 2022, 17:43.
Nicholas C. Silitch - 08 Feb 2022 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)
- Reporting relationship
- Senior Vice President
- Issuer ticker
- PRU
- Reported as of
- 08 Feb 2022
- Net transaction value
- -$709,174
- SEC form
- 4
- Accepted by SEC
- 10 Feb 2022, 17:43:37 UTC
- Prior SEC filing
- 12 Nov 2021
- Next SEC filing
- 14 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Richard J. Baker, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Nicholas C. Silitch filed Form 4 for PRUDENTIAL FINANCIAL INC (PRU) on 10 Feb 2022.
Change
- Previous filing in this sequence was filed on 12 Nov 2021.
- Current net transaction value: -$709,174.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PRU
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +16,021
- Change %
- +142%
- Price
- $0.000000
- Shares after
- 27,327
- Date
- 08 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F2
PRU
transaction
Common Stock
Tax liability
- Transaction value
- $709,174
- Shares
- -5,845
- Change %
- -21%
- Price
- $121.33
- Shares after
- 21,482
- Date
- 08 Feb 2022
- Ownership
- Direct
- Footnotes
- F3
PRU
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 450
- Date
- 08 Feb 2022
- Ownership
- By 401(k)
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PRU
transaction
Derivative
2022 Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +6,429
- Change %
- Price
- $0.000000
- Shares after
- 6,429
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,429
- Exercise price
- $0.000000
- Footnotes
- F5, F6
PRU
transaction
Derivative
2022 Performance Shares
Award
- Transaction value
- $0
- Shares
- +15,001
- Change %
- Price
- $0.000000
- Shares after
- 15,001
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 15,001
- Exercise price
- $0.000000
- Footnotes
- F7, F8
PRU
transaction
Derivative
2019 Performance Shares
Options Exercise
- Transaction value
- $0
- Shares
- -8,998
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,998
- Exercise price
- $0.000000
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote 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 2019 through 2021 performance period
Footnote F2
Includes cash settled performance units which were converted from cash to equity settlement based on a decision by the Compensation Committee.
Footnote F3
Represents shares withheld for the payment of taxes.
Footnote F4
Amount reported has been adjusted to include 5 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2021, and December 31, 2021, based on a plan statement dated December 31, 2021. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
Footnote F5
The Restricted Stock Units convert to common stock on a 1 to 1 basis.
Footnote F6
The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2023.
Footnote F7
The performance shares convert to common stock on a 1 to 1 basis.
Footnote F8
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.