Russell G. Noles - Mar 23, 2022 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
Mar 23, 2022
Transactions value $
$6,771
Form type
4
Date filed
3/25/2022, 10:40 AM
Previous filing
Dec 13, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $3.14K +70.3 +1.23% $44.62 5.77K Mar 23, 2022 Direct F2
transaction JXN Common Stock Award $1.39K +31.2 +0.32% $44.62 9.86K Mar 23, 2022 Direct F4
transaction JXN Common Stock Award $2.09K +46.8 +0.34% $44.62 13.7K Mar 23, 2022 Direct F6
transaction JXN Common Stock Award $155 +3.47 +0.02% $44.62 14K Mar 23, 2022 Direct F8
holding JXN Common Stock 5.7K Mar 23, 2022 Direct F1
holding JXN Common Stock 9.82K Mar 23, 2022 Direct F3
holding JXN Common Stock 13.7K Mar 23, 2022 Direct F5
holding JXN Common Stock 14K Mar 23, 2022 Direct F7
* 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) Director Founder's Award of 5,626 Restricted Shares ("RS") granted on October 4, 2021. The RS 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 second half shall vest on the two-year anniversary of the grant date, October 4, 2023, subject to the Director's continued service through such dates. The total number of RS also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 74.32 RS, which are subject to the same terms and conditions as the underlying equity.
F2 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 70.26 Restricted Shares ("RS"), described in footnote 1, which are subject to the same terms and conditions as the underlying equity.
F3 Previously reported (on Table II) Director's Annual Equity in Lieu of Cash Award of 4,001 Restricted Shares ("RS") granted on October 4, 2021 as part of annual director compensation for the service period September 13, 2021 - May 31, 2022, where the Director elected for the "cash portion" of compensation to receive 4,001 RS. The RS vest over eight months with three-eighths vesting on December 31, 2021, the next three-eighths vesting on March 31, 2022, and the remaining two-eighths vesting on May 31, 2022, subject to the Director's continued service through such dates. The total number of RS also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 52.85 RS, which are subject to the same terms and conditions as the underlying equity.
F4 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 31.24 Restricted Shares ("RS") on the remaining RS, described in footnote 3, as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 52.85 RS on the total granted RS, which are subject to the same terms and conditions as the underlying equity.
F5 Previously reported (on Table II) Director's Annual Equity Retainer Award of 3,745 Restricted Shares ("RS") granted on October 4, 2021 as part of annual director compensation for the service period September 13, 2021 - May 31, 2022, for service provided from October 1, 2021 - May 31, 2022. The RS fully vest on the first anniversary of the grant date, October 4, 2022, subject to the Director's continued service through such date. The total number of RS also reflects the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 49.47 RS, which are subject to the same terms and conditions as the underlying equity.
F6 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 46.77 Restricted Shares ("RS"), described in footnote 5, which are subject to the same terms and conditions as the underlying equity.
F7 Previously reported (on Table II) Annual Director Equity Award of 278 Restricted Share Units ("RSUs") granted on October 4, 2021. These RSUs are for the service period of September 13, 2021 - September 30, 2021 and fully vest on the one-year anniversary of the grant date, October 4, 2022, subject to continued service 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 3.67 RSUs, which are subject to the same terms and conditions as the underlying equity.
F8 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 3.47 Restricted Shares Units ("RSUs"), as described in footnote 7, which are subject to the same terms and conditions as the underlying equity.

Remarks:

Power of Attorney on file.