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

Role
President and CEO, JNLD
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
3
Date filed
12/22/2021, 05:42 PM
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding JXN Common Stock 105 Dec 13, 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 Dec 13, 2021 Common Stock 10.5K $0.00 Direct F3
holding JXN Restricted Share Units Dec 13, 2021 Common Stock 139 $0.00 Direct F4, F5
holding JXN Restricted Share Units Dec 13, 2021 Common Stock 1.88K $0.00 Direct F6
holding JXN Restricted Share Units Dec 13, 2021 Common Stock 24.8 $0.00 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.