0001127602-23-005567.txt : 20230216 0001127602-23-005567.hdr.sgml : 20230216 20230216163840 ACCESSION NUMBER: 0001127602-23-005567 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230214 FILED AS OF DATE: 20230216 DATE AS OF CHANGE: 20230216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAPPLER ANN M CENTRAL INDEX KEY: 0001280546 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16707 FILM NUMBER: 23638988 MAIL ADDRESS: STREET 1: PRUDENTIAL FINANCIAL, INC. STREET 2: 751 BROAD STREET, 5TH 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 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2023-02-14 0001137774 PRUDENTIAL FINANCIAL INC PRU 0001280546 KAPPLER ANN M 751 BROAD STREET, 5TH FLR ATTN.: REGULATORY FILINGS UNIT NEWARK NJ 07102 1 EVP and General Counsel Common Stock 2023-02-14 4 M 0 3373 0 A 13152 D Common Stock 2023-02-14 4 F 0 1188 103.27 D 11964 D Common Stock 757 I By 401(k) 2023 Restricted Stock Units 0 2023-02-14 4 A 0 6658 0 A Common Stock 6658 6658 D 2023 Performance Shares 0 2023-02-14 4 A 0 19972 0 A Common Stock 19972 19972 D 2020 Performance Share 2023-02-14 4 M 0 3756 0 D Common Stock 3756 0 D 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 2020 through 2022 performance period. Represents shares withheld for the payment of taxes. Amount reported has been adjusted to include 8 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2022, and December 31, 2022, based on a plan statement dated December 31, 2022. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B). The Restricted Stock Units convert to common stock on a 1 to 1 basis. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2024. The performance shares convert to common stock on a 1 to 1 basis. 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 2026 based on the Company's ROE performance relative to a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2023 through 2025 performance period. /s/ Richard J. Baker, attorney-in-fact 2023-02-16