ESTA E. STECHER - 31 Dec 2021 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
Director
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 20:04:23 UTC
Previous filing
13 Dec 2021
Next filing
25 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +3,800 +67% $0.000000 9,500 31 Dec 2021 Direct F2
holding JXN Common Stock 5,700 31 Dec 2021 Direct F1
holding JXN Common Stock 13,576 31 Dec 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has reported prior awards of Restricted Share Units (RSUs) in Table II on Form 4. The prior awards reflect the Founder's Award of 5,626 RSUs granted on October 4, 2021, which vest over two years in two equal installments. The first half shall vest on the one-year anniversary of the grant date, October 4, 2022, and the remaining half shall vest on the second anniversary of the grant date, October 4, 2023. The reported transaction also reflects the acquisition on December 9, 2021, of 74.32 RSUs due to dividend reinvestment, which follow the same terms and conditions as the underlying equity. The total reported in Column 5 therefore includes all RSUs previously reported in Table II.
F2 The reporting person has reported prior awards of Restricted Share Units (RSUs) in Table II on Form 4. The prior awards reflects equity received in lieu of cash retainer as part of the annual director's compensation of 3,750 RSUs on October 4, 2021, which vests over eight months with three-eighths (1,406) vesting on December 31, 2021, the next three-eighths vesting on March 31, 2022, and the remaining two-eighths vesting on May 31, 2022. The reported transaction also reflects the acquisition on December 9, 2021, of 49.54 RSUs due to dividend reinvestment, which follow the same terms and conditions as the underlying equity. The total reported in Column 5 therefore includes all RSUs, vested and unvested, previously reported in Table II.
F3 The reporting person has reported prior awards of Restricted Share Units in Table II on Form 4. The prior awards reflects the Annual Director's Equity Award of 4,023 Restricted Stock Units granted on October 4, 2021, which fully vest on the first anniversary of the grant date, October 4, 2022. The reported transaction also reflects the acquisition on December 9, 2021, of 53.14 RSUs due to dividend reinvestment, which follow the same terms and conditions as the underlying equity. The total reported in Column 5 therefore includes all RSUs previously reported in Table II.

Remarks:

Power of Attorney on file.