Christopher Raub - Mar 21, 2024 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
EVP and Chief Risk Officer
Signature
/s/ Andrea Goodrich, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Mar 21, 2024
Transactions value $
$0
Form type
4
Date filed
3/25/2024, 03:58 PM
Previous filing
Mar 12, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $0 +52 +0.21% $0.00 24.9K Mar 21, 2024 Direct F6
transaction JXN Common Stock Award $0 +79.7 +0.32% $0.00 25K Mar 21, 2024 Direct F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JXN Restricted Share Units Award $0 +47.2 +0.28% $0.00 16.8K Mar 21, 2024 Common Stock 47.2 Direct F1, F2
transaction JXN Restricted Share Units Award $0 +42 +0.25% $0.00 16.9K Mar 21, 2024 Common Stock 42 Direct F1, F3
transaction JXN Restricted Share Units Award $0 +32.5 +0.19% $0.00 16.9K Mar 21, 2024 Common Stock 32.5 Direct F1, F4
transaction JXN Restricted Share Units Award $0 +56.2 +0.33% $0.00 16.9K Mar 21, 2024 Common Stock 56.2 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit represents a contingent right to receive one share of JFI common stock.
F2 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs") that are subject to the same terms and conditions as the underlying equity granted to the reporting person on October 4, 2021. These RSUs vest over 30 months 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 vests on April 4, 2024, with distribution settled in cash.
F3 Acquired dividend equivalents in the form of "restricted share units" that are subject to the same terms and conditions as the underlying performance share units that were converted into "restricted share units" upon certification on February 1, 2024, which cliff vest on April 4, 2024, with distribution settled in cash.
F4 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs") that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2022, which vest in three equal installments beginning on the first anniversary of the grant date with distribution settled in cash.
F5 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs") that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2023, which vest in three equal installments beginning on the first anniversary of the grant date with distribution settled in cash.
F6 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs") that are subject to the same terms and conditions as the underlying equity granted to the reporting person on September 10, 2023, which vest in three equal installments beginning on the first anniversary of the grant date. Upon each vesting, full shares are distributed and the fractional share is applied to shares withheld to cover the tax obligation.
F7 Acquired dividend equivalents in the form of Restricted Share Units ("RSUs") that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2024, which vest in three equal installments beginning on the first anniversary of the grant date. Upon each vesting, full shares are distributed and the fractional share is applied to shares withheld to cover the tax obligation.

Remarks:

Power of Attorney on file.