0001127602-20-024611.txt : 20200902 0001127602-20-024611.hdr.sgml : 20200902 20200902112205 ACCESSION NUMBER: 0001127602-20-024611 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200901 FILED AS OF DATE: 20200902 DATE AS OF CHANGE: 20200902 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAPPLER ANN M CENTRAL INDEX KEY: 0001280546 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16707 FILM NUMBER: 201156075 MAIL ADDRESS: STREET 1: PRUDENTIAL FINANCIAL, INC. STREET 2: 751 BROAD STREET, 4TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 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 3 1 form3.xml PRIMARY DOCUMENT X0206 3 2020-09-01 0 0001137774 PRUDENTIAL FINANCIAL INC PRU 0001280546 KAPPLER ANN M 751 BROAD STREET, 4TH FLR ATTN.: CORPORATE COMPLIANCE NEWARK NJ 07102 1 EVP and General Counsel Common Stock 6159 D Common Stock 673 I By 401(k) 2014 Employee Stock Option (Right to Buy) 78.61 2024-04-15 Common Stock 223 D 2015 Employee Stock Option (Right to Buy) 78.08 2025-02-10 Common Stock 1516 D 10/13/15 Employee Stock Option (Right to Buy) 77.15 2025-10-13 Common Stock 1070 D 2016 Employee Stock Option (Right to Buy) 63.59 2026-02-09 Common Stock 6941 D 2017 Employee Stock Option (Right to Buy) 110.45 2027-02-14 Common Stock 2025 D 2018 Employee Stock Option (Right to Buy) 106.89 2028-02-13 Common Stock 1789 D 2018 Performance Shares Common Stock 2708 D 2019 Employee Stock Option (Right to Buy) 93.36 2029-02-12 Common Stock 2759 D 2019 Performance Shares Common Stock 3536 D 2020 Employee Stock Option (Right to Buy) 95.87 2030-02-11 Common Stock 3379 D 2020 Performance Share Common Stock 3756 D The options vest in three equal annual installments beginning on April 15, 2015. The options vest in three equal annual installments beginning on February 10, 2016. The options vest in three equal annual installments beginning on October 13, 2016. The options vest in three equal annual installments beginning on February 9, 2017. The options vest in three equal annual installments beginning on February 14, 2018 The options vest in three equal annual installments beginning on February 13, 2019. 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 2018 through 2020 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2021. The performance shares convert to common stock on a 1 to 1 basis. The options vest in three equal annual installments beginning on February 12, 2020. 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 2019 through 2021 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2022. The options vest in three equal annual installments beginning on February 11, 2021. 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 2020 through 2022 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2023. /s/ Richard J. Baker, attorney-in-fact 2020-09-02 EX-24 2 doc1.txt POWER OF ATTORNEY (PUBLIC): KAPPLER POA EXHIBIT 24 POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes and appoints each of Margaret M. Foran, Richard J. Baker, and Danny Fiore, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Prudential Financial, Inc. (the "Company"), Forms 3, 4, and 5 (and any other Form that may be required by the Securities and Exchange Commission) in accordance with Section 16(a) of the Securities Exchange Act of 1934 and Form 144 in accordance with Rule 144 of the Securities Act of 1933 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Section 16(a) Form or Form 144, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation and resubstitution, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 and Rule 144 of the Securities Act of 1933. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to make filings pursuant to Section 16(a) and Rule 144 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. This Power of Attorney shall be governed by and construed in accordance with New Jersey law. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 19th day of August, 2020. /s/Ann M. Kappler Signature