Mark D. Nerud - 04 Oct 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
President and CEO of JNAM
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
04 Oct 2022
Net transactions value
-$88,027
Form type
4
Filing time
06 Oct 2022, 16:53:21 UTC
Previous filing
19 Sep 2022
Next filing
01 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Tax liability $59,946 -1,886 -4.7% $31.78 37,898 04 Oct 2022 Direct F1
transaction JXN Common Stock Tax liability $28,082 -884 -2.3% $31.78 37,014 04 Oct 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for the tax obligation upon the vesting of 4,256.27 Restricted Share Units ("RSUs"), which includes 4,001 or one-third, of the RSUs granted on October 4, 2021, as part of an Annual Award, and the related one-third of dividend equivalents. Upon vesting, net shares were distributed but the related fractional shares were applied to shares withheld to cover related tax obligations for the reporting person.
F2 Shares withheld for the tax obligation upon the full vesting of 1,994.63 Restricted Share Units ("RSUs"), which includes 1,875 RSUs granted on October 4, 2021, as a Celebration Award, and the related dividend equivalents. Upon vesting, net shares were distributed but the fractional shares were applied to shares withheld to cover related tax obligations for the reporting person.

Remarks:

Power of Attorney on file.