Claffee Lily Fu - 01 Jun 2023 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
Director
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:36:22 UTC
Previous filing
27 Mar 2023
Next filing
20 Jun 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 Award $0 +5,598 +25% $0.000000 27,908 01 Jun 2023 Direct F1
transaction JXN Common Stock Award $0 +4,241 +15% $0.000000 32,149 01 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects Restricted Share Units ("RSUs") granted on June 1, 2023, as part of the 2023-2024 Annual Director Compensation. The RSUs fully vest on June 1, 2024, or the next Annual Meeting of Shareholders, whichever comes first. Upon the director's termination, vested RSUs will be freely transferable and any fractional shares will be paid in cash.
F2 Reflects Restricted Share Units ("RSUs") granted on June 1, 2023, where the Director elected to receive equity in lieu of the cash portion of the 2023-2024 Annual Director Compensation. The RSUs vest in four equal installments on August 31, 2023, November 30, 2023, February 29, 2024, and May 31, 2024. Upon the director's termination, vested RSUs will be freely transferable and any fractional shares will be paid in cash.

Remarks:

Power of Attorney on file.