Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JXN | Common Stock | Options Exercise | $0 | +8.04K | +7.9% | $0.00 | 110K | Feb 2, 2022 | Direct | F1, F3 |
transaction | JXN | Common Stock | Disposed to Issuer | -$347K | -8.04K | -7.32% | $43.21 | 102K | Apr 2, 2022 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JXN | Restricted Share Units | Options Exercise | $0 | +8.04K | +66.07% | $0.00 | 20.2K | Feb 2, 2022 | Common Stock | 8.04K | Direct | F1, F3 | |
transaction | JXN | Restricted Share Units | Disposed to Issuer | -$347K | -8.04K | -39.78% | $43.21 | 12.2K | Apr 2, 2022 | Common Stock | 8.04K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Reflects the acquisition of cash-settled units earned based on achievement of performance metrics of the 33,860 Jackson Financial Inc. Performance Share Units ("PSUs"), which were converted from the 2019 PLTIP PSUs on October 4, 2021. All of the earned units vested on April 2, 2022. The previously filed Form 4 failed to report the acquisition of the cash-settled earned units, and reported the acquisition of only the 75% of share-settled earned units. |
F2 | Reflects the cash settlement of 25% of the converted units that were earned on February 2, 2022, and vested on April 2, 2022. |
F3 | The reported number, 8,035.82, does not reflect the total of (a) the number of earned "restricted share units" settled in cash, and (b) dividend equivalents from December 2021 and March 2022, all of which vested on April 2, 2022. On March 24, 2022, we erroneously over-reported 99.05 dividend equivalents distributed on the earned 24,105.47 "restricted share units" (75% settled in shares) in Table I that should have been reported on the same date but in Table II on the earned 8,035.82 "restricted share units" (25% settled in cash). Despite the incorrect reporting in Table I, upon vesting, the 99.05 dividend equivalents settled in cash, not shares. |
Power of Attorney on file.