Steven A. Kandarian - 31 Jan 2022 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 Jan 2022
Net transactions value
$0
Form type
4
Filing time
02 Feb 2022, 11:50:40 UTC
Previous filing
04 Jan 2022
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 +4,180 +7.2% $0.000000 62,327 31 Jan 2022 Direct F3
holding JXN Common Stock 45,606 31 Jan 2022 Direct F1
holding JXN Common Stock 58,147 31 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Previously reported (on Table II) Founder's Award of 45,011 Restricted Share Units (RSUs) granted on October 4, 2021. These RSUs vest over three years in three equal 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 the third anniversary of the grant date, October 4, 2024. The total number of RSUs also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 594.60 RSUs, which are subject to the same terms and conditions as the underlying equity.
F2 Previously reported (on Table II) Annual Director's Equity Award of 12,378 Restricted Share Units (RSUs) granted on October 4, 2021. These RSUs fully vest on the first anniversary of the grant date, October 4, 2022. The total number of RSUs also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 163.51 RSUs, which are subject to the same terms and conditions as the underlying equity.
F3 Received a grant of 4,180 Restricted Share Units (RSUs) on January 31, 2022 for Mr. Kandarian's service provided from February 1, 2021 to May 31, 2021. These RSUs were not granted to Mr. Kandarian as intended on October 4, 2021, due to an administrative oversight. These RSUs fully vest on the one-year anniversary of the original Annual Director's Equity Award grant date, October 4, 2022.

Remarks:

Power of Attorney on file.