0001127602-18-006384.txt : 20180215
0001127602-18-006384.hdr.sgml : 20180215
20180215162753
ACCESSION NUMBER: 0001127602-18-006384
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180213
FILED AS OF DATE: 20180215
DATE AS OF CHANGE: 20180215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GRIER MARK B
CENTRAL INDEX KEY: 0001184670
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16707
FILM NUMBER: 18618069
MAIL ADDRESS:
STREET 1: C/O PRUDENTIAL FINANCIAL INC
STREET 2: 751 BROAD ST. 4TH FL.
CITY: NEWARK
STATE: NJ
ZIP: 01702
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
2018-02-13
0001137774
PRUDENTIAL FINANCIAL INC
PRU
0001184670
GRIER MARK B
751 BROAD STREET, 4TH FLOOR
ATTN. CORPORATE COMPLIANCE
NEWARK
NJ
07102
1
1
Vice Chairman
Common Stock
2018-02-13
4
M
0
28205
0
A
370159
D
Common Stock
2018-02-13
4
F
0
11491
106.89
D
358668
D
Common Stock
23525
I
By 401(k)
2015 Performance Shares
0
2018-02-13
4
M
0
25548
0
D
Common Stock
25548
0
D
2018 Employee Stock Option (Right to Buy)
106.89
2018-02-13
4
A
0
52016
0
A
2028-02-13
Common Stock
52016
52016
D
2018 Performance Shares
0
2018-02-13
4
A
0
19689
0
A
Common Stock
19689
19689
D
The Compensation Committee awarded these shares, the grant of which was made on February 10, 2015, and originally reported on a Form 4 filed with the SEC on February 12, 2015, based upon performance relative to the average Return On Equity (ROE) goals modified by ROE, EPS Growth and Book Value Per Share Growth relative to certain life insurance peers during the 2015 through 2017 performance period.
Represents shares withheld for the payment of taxes.
Amount reported has been adjusted to include 592 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2016 and December 31, 2017 based on a plan statement dated December 31, 2017. 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 13, 2019.
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 2018 through 2020 performance period. The actual number of shares to be received will be determined by the Compensation Committee in February 2021.
/s/Andrew Hughes, attorney-in-fact
2018-02-15