Derek G. Kirkland - Jun 9, 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
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 05:40 PM
Previous filing
Mar 25, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +4.28K +21.86% $0.00 23.9K Jun 9, 2022 Direct F1
transaction JXN Common Stock Award $0 +3.57K +14.95% $0.00 27.4K Jun 9, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Shares ("RS") granted on June 9, 2022 as part of the 2022-2023 Annual Director Compensation. The RS fully vest on June 9, 2023, or the next Annual Meeting of Shareholders, whichever comes first. Upon vesting, fractional shares will be paid out in cash.
F2 Represents Restricted Shares ("RS") granted on June 9, 2022 where the Director elected to receive equity in lieu of the cash portion of the 2022-2023 Annual Director Compensation. The RS vest in four equal installments over a 12-month period, where the first vests on August 31, 2022, the second vests on November 30, 2022, the third vests on February 28, 2023 and the fourth vests on May 31, 2023. Upon vesting, fractional shares will be paid out in cash.
F3 The total amount beneficially owned has been adjusted to reflect the subtraction of .69 fractional shares that were paid out in cash for Restricted Shares ("RS") that vested on December 31, 2021, March 31, 2022 and May 31, 2022. The RS were granted on October 4, 2021 as part of the 2021-2022 Annual Director Restricted Share Award where the director elected to receive equity in lieu of the cash portion.

Remarks:

Power of Attorney on file.