Carrie Chelko - Mar 4, 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
EVP, GC and Secretary
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Mar 4, 2022
Transactions value $
-$75,769
Form type
4
Date filed
3/8/2022, 08:10 PM
Previous filing
Dec 13, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Tax liability -$75.8K -1.98K -5.31% $38.34 35.3K Mar 4, 2022 Direct F4
holding JXN Common Stock 12.2K Mar 4, 2022 Direct F1
holding JXN Common Stock 17.9K Mar 4, 2022 Direct F2
holding JXN Common Stock 37.2K Mar 4, 2022 Direct F3
* 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) Annual Award of 12,003 Restricted Share Units ("RSUs") granted on October 4, 2021. These RSUs vest over 30 months 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 April 4, 2024, subject to continued employment through such dates. The total number of RSUs also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 158.56 RSUs, which are subject to the same terms and conditions as the underlying equity.
F2 Previously reported (on Table II) Celebration Award of 5,626 Restricted Share Units ("RSUs") granted on October 4, 2021. These RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022, subject to continued employment through such date. The number of RSUs also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 74.32 RSUs, which are subject to the same terms and conditions as the underlying equity.
F3 Previously reported (on Table II) a Sign-On Award of 19,128 Restricted Share Units ("RSUs") granted on October 4, 2021. These RSUs vest over 29 months on the following schedule: 6,376 vest March 4, 2022, 10,877 vest March 4, 2023, and 1,875 vest March 4, 2024, subject to continued employment through such dates. The total number of RSUs also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 252.68 RSUs, which are subject to the same terms and conditions as the underlying equity.
F4 Shares withheld for tax withholding for the 6,460.23 Restricted Share Units ("RSUs") that vested on March 4, 2022 in the Sign-On Award described in footnote 3 above.

Remarks:

Power of Attorney on file.