Laura Louene Prieskorn - Mar 23, 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Mar 23, 2022
Transactions value $
$162,809
Form type
4
Date filed
3/24/2022, 08:10 PM
Previous filing
Mar 14, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Award $29.9K +669 +0.24% $44.62 283K Mar 23, 2022 Direct F1
transaction JXN Common Stock Award $26.8K +600 +0.21% $44.62 283K Mar 23, 2022 Direct F2
transaction JXN Common Stock Award $3.14K +70.3 +0.02% $44.62 283K Mar 23, 2022 Direct F3
transaction JXN Common Stock Award $41.8K +937 +0.33% $44.62 284K Mar 23, 2022 Direct F4
transaction JXN Common Stock Award $27K +604 +0.21% $44.62 285K Mar 23, 2022 Direct F5
transaction JXN Common Stock Award $34.3K +769 +0.27% $44.62 286K Mar 23, 2022 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 669.04 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 707.66 RSUs, which are subject to the same terms and conditions as the underlying equity originally granted to recipient on October 4, 2021 as part of converted unvested Prudential plc Restricted Stock received previously under the 2015 Prudential Restricted Stock Plan, where the total amount of 53,570 JFI RSUs acquired reflect: (a) JFI common stock received as a demerger dividend plus (b) JFI common stock. The RSUs fully vest on April 9, 2023, subject to continued employment through such date.
F2 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 599.63 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 634.24 RSUs, which are subject to the same terms and conditions as the underlying equity originally granted to recipient on October 4, 2021 as part of Annual Award of 48,012 RSUs. These RSUs vest over 30 months in three equal installments with the first third vesting on the one-year anniversary of the grant date, October 4, 2022, the next third vesting on the two-year anniversary of the grant date, October 4, 2023, and the remaining third vesting on April 4, 2024, subject to continued employment through such dates.
F3 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 70.26 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 74.32 RSUs, which are subject to the same terms and conditions as the underlying equity originally granted to recipient on October 4, 2021 as part of Celebration Award of 5,626 RSUs. These RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022, subject to continued employment through such date.
F4 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 936.91 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 990.99 RSUs, which are subject to the same terms and conditions as the underlying equity originally granted to recipient on October 4, 2021 as part of the Executive Founder's Award of 75,018 RSUs. These RSUs vest over two years in two equal installments with the first half vesting on the one-year anniversary of the grant date, October 4, 2022 and the remaining half vesting on the two-year anniversary of the grant date, October 4, 2023, subject to continued employment through such dates.
F5 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 604.14 Performance Share Units ("PSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to recipient in 2019 from our former parent, Prudential plc, of 30,261 PSUs, which were converted into PSUs of Jackson Financial Inc. on September 13, 2021. Column 4 reflects the number of shares of common stock "earned" based on achievement of performance metrics for the period January 1, 2019 through December 31, 2021. The shares will not vest, or be delivered to Ms. Prieskorn, until April 2, 2022, so long as Ms. Prieskorn remains employed through such date.
F6 The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 768.82 Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to recipient on March 10, 2022 as part of the 2022 Annual Restricted Share Unit Award of 62,372 RSUs. The RSUs vest over three years in equal installments, where the first third vests on the one-year anniversary of the grant date, March 10, 2023, the next third vests on the two-year anniversary of the grant date, March 10, 2024, and the remaining third vests on the three-year anniversary of the grant date, March 10, 2025, subject to continued employment through such dates.

Remarks:

Power of Attorney on file.