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The following table shows the performance units granted in 2001 to the Named Executives under the Prudential Long-Term Performance Unit Plan (the "PUP"):
Long-Term Incentive Plan
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Estimated Future Payouts Under Non-Stock Price Based Plans1
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Name
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Number of Shares, Units or Other Rights
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Performance or Other Period Until Maturation or Payout
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Threshold ($)
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Target ($)
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| Arthur F. Ryan |
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6,413 |
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2001-2003 |
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$ 2,501,070 |
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$ 5,002,140 |
| John R. Strangfeld, Jr. |
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3,604 |
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2001-2003 |
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$ 1,405,560 |
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$ 2,811,120 |
| Vivian L. Banta |
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2,703 |
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2001-2003 |
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$ 1,054,170 |
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$ 2,108,340 |
| Mark B. Grier |
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2,523 |
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2001-2003 |
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$ 983,970 |
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$ 1,967,940 |
| Kiyofumi Sakaguchi˛ |
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2,343 |
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2001-2003 |
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$ 913,770 |
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$ 1,827,540 |
| Rodger A. Lawson |
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2,343 |
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2001-2003 |
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$ 913,770 |
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$ 1,827,540 |
(1) The PUP recognizes and rewards contributions that participants make toward the long-term growth of Prudential Financial. Grants under the PUP are made every year for three year periods. The 2001 PUP measures performance over a three year period from 2001 to 2003. Under the 2001 PUP, participants are granted performance units from 100,000 total performance units. The number of performance units a participant is granted depends on the individual's performance, the value of the position within the Company and market considerations. The value of the performance units is based principally on operating earnings and operating margins. The final value of the units is not subject to any limitations. Awards under the 2001 PUP are payable in accordance with the PUP's terms in the first quarter of 2004.
(2) Deceased January 11, 2002.
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