Steven A. Kandarian - 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 $
$34,280
Form type
4
Date filed
3/25/2022, 10:55 AM
Previous filing
Feb 2, 2022
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 $25.1K +562 +0.9% $44.62 62.9K Mar 23, 2022 Direct F1
transaction JXN Common Stock Award $6.9K +155 +0.25% $44.62 63K Mar 23, 2022 Direct F2
transaction JXN Common Stock Award $2.3K +51.5 +0.08% $44.62 63.1K Mar 23, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 562.15 Restricted Share Units ("RSUs"), as well as 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 originally granted to recipient on October 4, 2021 as Director Founder's Award of 45,011 RSUs. 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 three-year anniversary of the grant date, October 4, 2024.
F2 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 154.59 Restricted Share Units ("RSUs"), as well as 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 originally granted to recipient on October 4, 2021 as part of annual director compensation, where the Director received 12,378 RSUs. The RSUs fully vest on the first anniversary of the grant date, October 4, 2022, subject to the Director's continued service through such date.
F3 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 51.52 Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to recipient on January 31, 2022 for service provided from February 1, 2021 to May 31, 2021. The 4,180 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.