Form 4 for JXN Jackson Financial Inc.
Accepted 2023-09-18 00:00:00 ET · period of report 2023-09-14 · accession 0001062993-23-018218 · 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 | 2023-09-18 | 2023-09-14 | JXN | STECHER ESTA E | Dir | A - Grant | $0.00 | +548.60 | 35.3K | +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 | 2023-09-14 | A | A | 71.75 | $0.00 | 35,443.15 | D | — | — | (F4) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on June 9, 2022, as annual director compensation, where the Director received 4,282 RSUs. The RSUs have fully vested. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 2 | Common | Common Stock | 2023-09-14 | A | A | 70.51 | $0.00 | 35,371.40 | D | — | — | (F3) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on October 4, 2021, as annual director compensation, where the Director received 4,023 RSUs. The RSUs have fully vested. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 3 | Common | Common Stock | 2023-09-14 | A | A | 71.75 | $0.00 | 35,514.90 | D | — | — | (F5) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on June 9, 2022, as part of annual director compensation, where the Director elected equity in lieu of cash as part of annual director compensation for the "cash portion" and is to receive 4,282 RSUs. The RSUs have fully vested. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 4 | Common | Common Stock | 2023-09-14 | A | A | 98.61 | $0.00 | 35,235.16 | D | — | — | (F1) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the remaining underlying equity granted to the recipient on October 4, 2021, as Director Founders' Award of 5,626 RSUs. The RSUs vest over two years in two equal installments. The first half vested on the one-year anniversary of the grant date, October 4, 2022, and the second half shall vest on the two-year anniversary of the grant date, October 4, 2023. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 5 | Common | Common Stock | 2023-09-14 | A | A | 89.18 | $0.00 | 35,604.08 | D | — | — | (F6) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on June 1, 2023, as part of the 2023-2024 Annual Director Compensation. The RSUs fully vest on June 1, 2024, or the next Annual Meeting of Shareholders, whichever comes first, subject to the Director's continued service through such date. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 6 | Common | Common Stock | 2023-09-14 | A | A | 81.07 | $0.00 | 35,685.15 | D | — | — | (F7) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on June 1, 2023, where the Director elected to receive equity in lieu of the cash portion of the 2023-2024 Annual Director Compensation. The RSUs vest in four equal installments. The first quarter vested on August 31, 2023, and the remaining installments vest on November 30, 2023, February 29, 2024, and May 31, 2024, subject to the Director's continued service through such dates. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |
| 7 | Common | Common Stock | 2023-09-14 | A | A | 65.73 | $0.00 | 35,300.89 | D | — | — | (F2) Acquired dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity granted to the recipient on October 4, 2021, as part of annual director compensation, where the Director elected equity in lieu of cash as part of annual director compensation the "cash portion" of compensation and is to receive 3,750 RSUs. The RSUs have fully vested. Upon the Director's end of service, the vested RSUs will settle in shares of common stock on a one-for-one basis and any vested fractional shares will be paid out in cash. |