Laura Louene Prieskorn - 10 Mar 2023 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
CEO, President and Director, Director
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
10 Mar 2023
Net transactions value
-$358,551
Form type
4
Filing time
14 Mar 2023, 17:51:23 UTC
Previous filing
15 Feb 2023
Next filing
27 Mar 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 $358,551 -8,959 -3% $40.02 288,258 10 Mar 2023 Direct F1
transaction JXN Common Stock Award $0 +59,770 +21% $0.000000 348,028 10 Mar 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay the reporting person's tax withholding obligations, upon vesting of one-third of the remaining Restricted Share Units ("RSUs"). Upon vesting, net shares were distributed but the related fractional shares were applied to cover the tax obligations for the reporting person.
F2 The 2023 Annual Restricted Share Unit Award was granted on March 10, 2023. The Restricted Share Units ("RSUs") vest over three years in equal installments, where the first third vests on the one-year anniversary of the grant date, March 10, 2024, the next third vests on the two-year anniversary of the grant date, March 10, 2025, and the remaining third vests on the three-year anniversary of the grant date, March 10, 2026.

Remarks:

Power of Attorney on file.