Lily Fu Claffee - Dec 31, 2021 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role: Director
Signature: /s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol: JXN
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 08:05 PM
Previous filing: Dec 13, 2021
Next filing: Mar 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JXN	Common Stock	Award	$0	+3.17K	+55.55%	$0.00	8.87K	Dec 31, 2021	Direct	F2
holding	JXN	Common Stock						5.7K	Dec 31, 2021	Direct	F1
holding	JXN	Common Stock						12.9K	Dec 31, 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 3,125 RSUs on October 4, 2021, which vests over eight months with three-eighths (1,171) 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 41.28 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 (RSUs) in Table II on Form 4. The prior awards reflects the Annual Director's Equity Award of 4,023 RSUs 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.