Filing Details
- Accession Number:
- 0001127602-16-064719
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-10-12 15:45:41
- Reporting Period:
- 2016-10-10
- Filing Date:
- 2016-10-12
- Accepted Time:
- 2016-10-12 15:45:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1137774 | Prudential Financial Inc | PRU | Life Insurance (6311) | 223703799 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1193806 | C Sharon Taylor | 751 Broad Street, 4Th Floor Attn. Corporate Compliance Newark NJ 07102 | Senior Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-10-10 | 16,320 | $69.03 | 77,221 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-10-10 | 7,536 | $48.36 | 84,757 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-10-10 | 19,200 | $64.01 | 103,957 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-10-10 | 16,996 | $59.41 | 120,953 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-10-10 | 31,977 | $57.00 | 152,930 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-10-10 | 65,847 | $85.00 | 87,083 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-10-10 | 4,821 | $84.99 | 82,262 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-10-10 | 14,822 | $84.97 | 67,440 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 2/12/08 Employee Stock Option (Right to Buy) | Disposition | 2016-10-10 | 16,320 | $0.00 | 16,320 | $69.03 |
| Common Stock | 2010 Employee Stock Option (Right to Buy) | Disposition | 2016-10-10 | 7,536 | $0.00 | 7,536 | $48.36 |
| Common Stock | 2011 Employee Stock Option (Right to Buy) | Disposition | 2016-10-10 | 19,200 | $0.00 | 19,200 | $64.01 |
| Common Stock | 2012 Employee Stock Option (Right to Buy) | Disposition | 2016-10-10 | 16,996 | $0.00 | 16,996 | $59.41 |
| Common Stock | 2013 Employee Stock Option (Right to Buy) | Disposition | 2016-10-10 | 31,977 | $0.00 | 31,977 | $57.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2018-02-12 | No | 4 | M | Direct | |
| 0 | 2020-02-09 | No | 4 | M | Direct | |
| 0 | 2021-02-08 | No | 4 | M | Direct | |
| 0 | 2022-02-14 | No | 4 | M | Direct | |
| 0 | 2023-02-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,729 | Indirect | By 401(k) |
Footnotes
- The Sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.65 to $85.16 inclusive. The reporting person undertakes to provide to Prudential Financial, Inc., any security holder of Prudential Financial, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.68 to $85.15 inclusive. The reporting person undertakes to provide to Prudential Financial, Inc., any security holder of Prudential Financial, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
- Following the transactions reported on this Form 4, Ms. Taylor continues to hold 67,440 shares directly and 1,729 shares indirectly in a 401(k) account. Ms. Taylor also holds an additional 27,094 vested stock options, 38,449 unvested stock options, and 18,296 target performance shares (the exact number awarded being dependent on achievement of performance goals).
- Amount reported has been adjusted to include 10 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between June 30, 2016 and September 30, 2016 based on a plan statement dated September 30, 2016. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
- The option vests in three equal annual installments beginning on February 12, 2009.
- The options vest in three equal annual installments beginning on February 9, 2011.
- The options vest in three equal annual installments beginning on February 8, 2012.
- The options vest in three equal annual installments beginning on February 14, 2013.
- The options vest in three equal annual installments beginning on February 12, 2014.
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