0001127602-17-006678.txt : 20170216
0001127602-17-006678.hdr.sgml : 20170216
20170216175354
ACCESSION NUMBER: 0001127602-17-006678
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170214
FILED AS OF DATE: 20170216
DATE AS OF CHANGE: 20170216
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRUDENTIAL FINANCIAL INC
CENTRAL INDEX KEY: 0001137774
STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311]
IRS NUMBER: 223703799
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 751 BROAD ST
CITY: NEWARK
STATE: NJ
ZIP: 07102
BUSINESS PHONE: 9738026000
MAIL ADDRESS:
STREET 1: 751 BROAD ST
CITY: NEWARK
STATE: NJ
ZIP: 07102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FALZON ROBERT
CENTRAL INDEX KEY: 0001256465
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16707
FILM NUMBER: 17619073
MAIL ADDRESS:
STREET 1: 751 BROAD STREET, 4TH FLOOR
STREET 2: ATTN.: CORPORATE COMPLIANCE
CITY: NEWARK
STATE: NJ
ZIP: 07102
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-02-14
0001137774
PRUDENTIAL FINANCIAL INC
PRU
0001256465
FALZON ROBERT
751 BROAD STREET, 4TH FLOOR
ATTN. CORPORATE COMPLIANCE
NEWARK
NJ
07102
1
EVP and CFO
Common Stock
2017-02-14
4
M
0
11037
0
A
48118
D
Common Stock
2017-02-14
4
F
0
3709
110.45
D
44409
D
Common Stock
578
I
By 401(k)
2014 Performance Shares
0
2017-02-14
4
M
0
8829
0
D
Common Stock
8829
0
D
2017 Employee Stock Option (Right to Buy)
110.45
2017-02-14
4
A
0
29445
0
A
2027-02-14
Common Stock
29445
29445
D
2017 Performance Shares
2017-02-14
4
A
0
11380
0
A
Common Stock
11380
11380
D
The Compensation Committee awarded these shares, the grant of which was made on February 11, 2014, and originally reported on a Form 4 filed with the SEC on February 13, 2014, based upon performance relative to the average Return On Equity (ROE) goals during the 2014 through 2016 performance period.
Represents shares withheld for the payment of taxes.
Amount reported has been adjusted to include 2 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2016 and December 31, 2016 based on a plan statement dated December 31, 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 options vest in three equal annual installments beginning on February 14, 2018.
The performance shares convert to common stock on a 1 to 1 basis.
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 2017 through 2019 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2020.
/s/Andrew Hughes, attorney-in-fact
2017-02-16