Scott Romine - Feb 2, 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/14/2022, 08:12 PM
Previous filing
Dec 29, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +24.1K +115.27% $0.00 45K Feb 2, 2022 Direct F4
transaction JXN Common Stock Award $0 +16.6K +36.91% $0.00 61.6K Mar 10, 2022 Direct F5
holding JXN Common Stock 10.7K Feb 2, 2022 Direct F1
holding JXN Common Stock 12.6K Feb 2, 2022 Direct F2
holding JXN Common Stock 20.9K Feb 2, 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 10,502 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 138.73 RSUs, which are subject to the same terms and conditions as the underlying equity.
F2 Previously reported (on Table II) Celebration Award of 1,875 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 24.77 RSUs, which are subject to the same terms and conditions as the underlying equity.
F3 Previously reported (on Table II) Annual Award of 8,266 Restricted Share Units (RSUs) granted on December 27, 2021, which reflects an adjustment to Mr. Romine's annual grant received on October 4, 2021 in connection with his promotion. The RSUs vest over 30 months in three equal installments with the first third (2,755) vesting on the one-year anniversary of the grant date, December 27, 2022, the next third (2,755) vesting on the two-year anniversary of the grant date, December 27, 2023, and the remaining third (2,756) vesting on June 27, 2024.
F4 In 2019, Mr. Romine received from our former parent, Prudential, plc, 19,955 Performance Share Units ("PSUs"), which were converted into PSUs of Jackson Financial Inc. on September 13, 2021. Column 4 reflects the number of shares of common stock "earned" based on achievement of performance metrics for the period January 1, 2019 through December 31, 2021. The shares will not vest, or be delivered to Mr. Romine, until April 2, 2022, so long as Mr. Romine remains employed through such date.
F5 The 2022 Annual Restricted Share Unit Award was granted on March 10, 2022. The Restricted Share Units ("RSUs") vest over three years in equal installments, where the first third vests on the one-year anniversary of the grant date, March 10, 2023, the next third vests on the two-year anniversary of the grant date, March 10, 2024, and the remaining third vests on the three-year anniversary of the grant date, March 10, 2025.

Remarks:

Power of Attorney on file.