Scott Romine - 13 Dec 2021 Form 3 Insider Report for Jackson Financial Inc. (JXN)

Role
President and CEO, JNLD
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
13 Dec 2021
Net transactions value
$0
Form type
3
Filing time
22 Dec 2021, 17:42:16 UTC
Next filing
29 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding JXN Common Stock 105 13 Dec 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding JXN Restricted Share Unit 13 Dec 2021 Common Stock 10,502 $0.000000 Direct F3
holding JXN Restricted Share Units 13 Dec 2021 Common Stock 139 $0.000000 Direct F4, F5
holding JXN Restricted Share Units 13 Dec 2021 Common Stock 1,875 $0.000000 Direct F6
holding JXN Restricted Share Units 13 Dec 2021 Common Stock 25 $0.000000 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested Prudential plc American Depositary Receipts (ADRs) were acquired previously as part of participant's long-term incentive compensation prior to the demerger. In connection with the JFI demerger from Prudential plc, the participant acquired Jackson Financial Inc. (JFI) common stock (shares distributed equally on all securities of a class) where holders of vested Prudential plc ADRs received one JFI share of common stock for every 20 vested Prudential plc ADRs.
F2 Shares held in Joint Brokerage Account in both Mr. Romine and spouse's name as joint owners.
F3 The Annual Restricted Share Unit award was granted on October 4, 2021. The RSUs vest over three years in three installments with the first third vesting on the one-year anniversary of the grant date, October 4, 2022, the next third vesting on the two-year anniversary of the grant date, October 4, 2023, and the remaining third vesting on April 4, 2024.
F4 Acquired Restricted Share Units due to dividend reinvestment received on December 9, 2021 pursuant to terms of the Jackson Financial Inc. 2021 Omnibus Incentive Plan.
F5 The Restricted Share Units vest over three years in three installments with the first third vesting on the one-year anniversary of the grant date, October 4, 2022, the next third vesting on the two-year anniversary of the grant date, October 4, 2023, and the remaining third vesting on April 4, 2024.
F6 The Celebration Award of Restricted Share Units was granted on October 4, 2021. The RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022.
F7 The RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022.

Remarks:

Power of Attorney attached.