Steven A. Kandarian - Dec 14, 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
Dec 14, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 05:02 PM
Previous filing
Sep 18, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +625 +0.68% $0.00 92.6K Dec 14, 2023 Direct F1
transaction JXN Common Stock Award $0 +172 +0.19% $0.00 92.8K Dec 14, 2023 Direct F2
transaction JXN Common Stock Award $0 +57.3 +0.06% $0.00 92.9K Dec 14, 2023 Direct F3
transaction JXN Common Stock Award $0 +125 +0.13% $0.00 93K Dec 14, 2023 Direct F4
transaction JXN Common Stock Award $0 +141 +0.15% $0.00 93.1K Dec 14, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the remaining underlying equity granted to the recipient on October 4, 2021, as a Director Founders' Award. 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 vested 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 employment through such date. Upon the Director's end of service, vested RSUs will settle in shares of common stock on a one-for-one basis and vested fractional shares will be paid out in cash.
F2 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient as the 2021-2022 Annual Director Compensation. The underlying RSUs and dividend equivalents received thus far are fully vested. Upon the Director's end of service, vested RSUs will settle in shares of common stock on a one-for-one basis and vested fractional shares will be paid out in cash.
F3 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient as the 2021-2022 Annual Director Compensation (True-Up). The underlying RSUs and dividend equivalents received thus far are fully vested. Upon the Director's end of service, vested RSUs will settle in shares of common stock on a one-for-one basis and vested fractional shares will be paid out in cash.
F4 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient as the 2022-2023 Annual Director Compensation. The underlying RSUs and dividend equivalents received thus far are fully vested. Upon the Director's end of service, vested RSUs will settle in shares of common stock on a one-for-one basis and vested fractional shares will be paid out in cash.
F5 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient as the 2023-2024 Annual Director Compensation. The RSUs fully vest on June 1, 2024, or the next Annual Meeting of Shareholders, whichever comes first, subject to the Director's continued service through such date. Upon the Director's end of service, vested RSUs will settle in shares of common stock on a one-for-one basis and vested fractional shares will be paid out in cash.

Remarks:

Power of Attorney on file.