SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

LAWSON RODGER A

(Last)

(First)

(Middle)

C/O PRUDENTIAL FINANCIAL, INC.

751 BROAD STREET, 4TH FLOOR

(Street)

NEWARK

071023777

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PRUDENTIAL FINANCIAL INC [ (PRU) ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
12/14/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/14/2006		M		114,679	A	$29.9	154,064	D
Common Stock	12/14/2006		S		7,143	D	$86.23	146,921	D
Common Stock	12/14/2006		S		9,500	D	$86.16	137,421	D
Common Stock	12/14/2006		S		5,500	D	$86.15	131,921	D
Common Stock	12/14/2006		S		3,000	D	$86.08	128,921	D
Common Stock	12/14/2006		S		1,500	D	$86.05	127,421	D
Common Stock	12/14/2006		S		1,000	D	$86.07	126,421	D
Common Stock	12/14/2006		S		2,500	D	$86.1	123,921	D
Common Stock	12/14/2006		S		2,000	D	$86.11	121,921	D
Common Stock	12/14/2006		S		2,000	D	$86.12	119,921	D
Common Stock	12/14/2006		S		2,800	D	$86.13	117,121	D
Common Stock	12/14/2006		S		3,500	D	$86.14	113,621	D
Common Stock	12/14/2006		S		5,500	D	$86.17	108,121	D
Common Stock	12/14/2006		S		4,500	D	$86.19	103,621	D
Common Stock	12/14/2006		S		10,500	D	$86.2	93,121	D
Common Stock	12/14/2006		S		4,500	D	$86.22	88,621	D
Common Stock	12/14/2006		S		4,000	D	$86.25	84,621	D
Common Stock	12/14/2006		S		7,200	D	$86.21	77,421	D
Common Stock	12/14/2006		S		3,500	D	$86.26	73,921	D
Common Stock	12/14/2006		S		4,500	D	$86.18	69,421	D
Common Stock	12/14/2006		S		3,500	D	$86.24	65,921	D
Common Stock	12/14/2006		S		2,000	D	$86.27	63,921	D
Common Stock	12/14/2006		S		2,500	D	$86.3	61,421	D
Common Stock	12/14/2006		S		1,500	D	$86.29	59,921	D
Common Stock	12/14/2006		S		1,000	D	$86.28	58,921⁽¹⁾	D
Common Stock								4,212⁽²⁾	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$29.9	12/14/2006		M			114,679	⁽³⁾	02/11/2013	Common Stock	114,679	$0	0	D

Explanation of Responses:

1. Following the transactions reported on this Form 4, the reporting person continues to hold 58,921 shares directly and 4,212 shares indirectly through the 401(k). The reporting person also holds an additional 3,839 shares in the deferred compensation plan, 101,556 vested stock options, 169,920 unvested stock options and 90,487 target performance shares (the exact number of performance shares awarded being dependent on achievement of performance goals).

2. Beneficial ownership includes shares acquired under The Prudential Employee Savings Plan which are exempt transactions pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).

3. The option vested in three equal annual installments on February 11, 2004, 2005 and 2006.

Remarks:

	By: /s/ Kathleen M. Gibson, Attorney-in-fact	12/18/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.