Form 4 for JXN Jackson Financial Inc.
Accepted 2022-06-21 00:00:00 ET · period of report 2022-06-16 · accession 0001062993-22-015224 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-06-21 | 2022-06-16 | JXN | Prieskorn Laura Louene | CEO, Pres, Dir | A - Grant | $0.00 | +4,689 | 263.4K | +2% | $0 |
| D | 2022-06-21 | 2022-06-16 | JXN | Prieskorn Laura Louene | CEO, Pres, Dir | A - Grant | $0.00 | +272.54 | 14.0K | +2% | $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 | 2022-06-16 | A | A | 977.10 | $0.00 | 263,309.16 | D | — | — | (F2) Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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 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. |
| 2 | Common | Common Stock | 2022-06-16 | A | A | 1,526.70 | $0.00 | 264,950.36 | D | — | — | (F4) Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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. |
| 3 | Common | Common Stock | 2022-06-16 | A | A | 817.67 | $0.00 | 262,332.06 | D | — | — | (F1) Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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. Upon vesting, 75% of the total number of RSUs acquired in October 2021 will settle in shares, and the remaining 25% of the RSUs will be paid out in cash. |
| 4 | Common | Common Stock | 2022-06-16 | A | A | 1,252.79 | $0.00 | 266,203.15 | D | — | — | (F5) Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of 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, 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. |
| 5 | Common | Common Stock | 2022-06-16 | A | A | 114.50 | $0.00 | 263,423.66 | D | — | — | (F3) Reflects the acquisition on June 16, 2022 of dividend equivalents in the form of Restricted Share Units ("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. |
| 6 | Derivative | Restricted Share Units | 2022-06-16 | A | A | 272.54 | $0.00 | 14,008.70 | D | — · — to — | 272.54 Common Stock | (F6) Reflects 25% of Restricted Share Units ("RSUs") that were 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, and were reported entirely in Table I in a Form 4 filed on March 14, 2022. Since these RSUs will be settled in cash, they are now reported in Table II. The amount also reflects a June 16, 2022, distribution of dividend equivalents in the form of RSUs that are subject to the same terms and conditions as the underlying equity, as described in Footnote 1. |