Form 4 for JXN Jackson Financial Inc.
Accepted 2022-06-13 00:00:00 ET · period of report 2022-06-09 · accession 0001062993-22-014812 · 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 | 2022-06-13 | 2022-06-09 | JXN | Kirkland Derek G | Dir | A - Grant | $0.00 | +7,850 | 23.9K | +49% | $0 |
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 | 2022-06-09 | A | A | 3,568 | $0.00 | 27,436.95 | D | — | — | (F2) Represents Restricted Shares ("RS") granted on June 9, 2022 where the Director elected to receive equity in lieu of the cash portion of the 2022-2023 Annual Director Compensation. The RS vest in four equal installments over a 12-month period, where the first vests on August 31, 2022, the second vests on November 30, 2022, the third vests on February 28, 2023 and the fourth vests on May 31, 2023. Upon vesting, fractional shares will be paid out in cash. (F3) The total amount beneficially owned has been adjusted to reflect the subtraction of .69 fractional shares that were paid out in cash for Restricted Shares ("RS") that vested on December 31, 2021, March 31, 2022 and May 31, 2022. The RS were granted on October 4, 2021 as part of the 2021-2022 Annual Director Restricted Share Award where the director elected to receive equity in lieu of the cash portion. |
| 2 | Common | Common Stock | 2022-06-09 | A | A | 4,282 | $0.00 | 23,869.64 | D | — | — | (F1) Represents Restricted Shares ("RS") granted on June 9, 2022 as part of the 2022-2023 Annual Director Compensation. The RS fully vest on June 9, 2023, or the next Annual Meeting of Shareholders, whichever comes first. Upon vesting, fractional shares will be paid out in cash. |