Form 4 for JXN Jackson Financial Inc.
Accepted 2022-03-24 00:00:00 ET · period of report 2022-03-23 · accession 0001062993-22-008569 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-24 | 2022-03-23 | JXN | Smith Craig Donald | CEO, CIO, Pres PPM America | A - Grant | $44.62 | +1,077 | 73.4K | +1% | +$48.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-23 | A | A | 220.55 | $44.62 | 74,205.23 | D | — | — | (F4) The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 220.55 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 17,893 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. |
| 2 | Common | Common Stock | 2022-03-23 | A | A | 243.59 | $44.62 | 73,372.23 | D | — | — | (F1) The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 243.59 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 257.65 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 19,504 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. |
| 3 | Common | Common Stock | 2022-03-23 | A | A | 589.03 | $44.62 | 73,984.68 | D | — | — | (F3) The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 589.03 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 29,505 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 Mr. Smith, until April 2, 2022, so long as Mr. Smith remains employed through such date. |
| 4 | Common | Common Stock | 2022-03-23 | A | A | 23.42 | $44.62 | 73,395.65 | D | — | — | (F2) The total number reflects the acquisition on March 23, 2022 of dividend equivalents in the form of 23.42 Restricted Share Units ("RSUs"), as well as the previously reported acquisition on December 9, 2021 of dividend equivalents in the form of 24.77 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 1,875 RSUs. These RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022, subject to continued employment through such date. |