Steven A. Kandarian - Mar 23, 2023 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, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 07:13 PM
Previous filing
Jan 4, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +870 +1.14% $0.00 77.1K Mar 23, 2023 Direct F1
transaction JXN Common Stock Award $0 +239 +0.31% $0.00 77.3K Mar 23, 2023 Direct F2
transaction JXN Common Stock Award $0 +79.7 +0.1% $0.00 77.4K Mar 23, 2023 Direct F3
transaction JXN Common Stock Award $0 +174 +0.22% $0.00 77.6K Mar 23, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the acquisition on March 23, 2023, 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 the recipient on October 4, 2021, as Director Founders' Award of 45,011 RSUs. The RSUs vest over three years in three installments. The first third vested on the one-year anniversary of the grant date, October 4, 2022, the next third shall vest on the two-year anniversary of the grant date, October 4, 2023, and the remaining third shall vest 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 in shares and any fractional shares will be paid out in cash.
F2 Reflects the acquisition on March 23, 2023, 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 the recipient on October 4, 2021, as annual director compensation, where the Director received 12,378 RSUs. The RSUs fully vested on the first anniversary of the grant date, October 4, 2022. Upon the Director's termination, the RSUs will settle in shares and any fractional shares will be paid out in cash.
F3 Reflects the acquisition on March 23, 2023, 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 the recipient on January 31, 2022, as annual director compensation for service provided from February 1, 2021 to May 31, 2021, where the Director received 4,180 RSUs. The RSUs fully vested on the one-year anniversary of the original grant date, October 4, 2022. Upon the Director's termination, the RSUs will settle in shares and any fractional shares will be paid out in cash.
F4 Reflects the acquisition on March 23, 2023, 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 the recipient on June 9, 2022, as annual director compensation, where the Director received 9,420 RSUs. The RSUs fully vest on June 9, 2023, or the next Annual Meeting of Shareholders, whichever comes first, subject to the Director's continued service through such date. Upon the Director's termination, the RSUs will settle in shares and any fractional shares will be paid out in cash.

Remarks:

Power of Attorney on file.