Steven A. Kandarian - Jun 16, 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 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 04:12 PM
Previous filing
Jun 13, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +916 +1.26% $0.00 73.4K Jun 16, 2022 Direct F1
transaction JXN Common Stock Award $0 +252 +0.34% $0.00 73.7K Jun 16, 2022 Direct F2
transaction JXN Common Stock Award $0 +84 +0.11% $0.00 73.8K Jun 16, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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. The RSUs vest over three years in three 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, subject to the Director's continued service through such date. Upon the Director's termination, the RSUs will settle and any fractional shares will be paid out in cash.
F2 Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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. Upon the Director's termination, the RSUs will settle and any fractional shares will be paid out in cash.
F3 Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of 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 as part of annual director compensation for service provided from February 1, 2021 to May 31, 2021, where the Director received 4,180 RSUs. These RSUs fully vest on the one-year anniversary of the original Annual Director's Equity Award grant date, October 4, 2022, subject to the Director's continued service through such date. Upon the Director's termination, the RSUs will settle and any fractional shares will be paid out in cash.

Remarks:

Power of Attorney on file.