Form 4 for JXN Jackson Financial Inc.
Accepted 2023-12-18 00:00:00 ET · period of report 2023-12-14 · accession 0001062993-23-022755 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-18 | 2023-12-14 | JXN | Raub Christopher | EVP, CRO | A - Grant | $0.00 | +58.99 | 17.3K | +0.3% | $0 |
| DM | 2023-12-18 | 2023-12-14 | JXN | Raub Christopher | EVP, CRO | A - Grant | $0.00 | +222.81 | 18.3K | +1% | $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 | 2023-12-14 | A | A | 58.99 | $0.00 | 17,324.52 | D | — | — | (F1) 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 as the September 2023 Mid-Cycle Grant. These RSUs vest over three years, where the first third vests on the one-year anniversary of the grant date, September 10, 2024, the next third vests on the two-year anniversary of the grant date, September 10, 2025, and the remaining third vests on the three-year anniversary of the the grant date, September 10, 2026. Upon vesting, full shares will be distributed and the fractional shares will be applied to the shares withheld to cover tax obligations. |
| 2 | Derivative | Restricted Share Units | 2023-12-14 | A | A | 73.73 | $0.00 | 18,414.28 | D | — · — to — | 73.73 Common Stock | (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 as the March 2022 Annual Grant. The RSUs vest in three equal annual installments with distributions settled in cash. The first third vested on March 10, 2023, the next third vests on March 10, 2024, and the remaining third on March 10, 2025. (F2) Each restricted stock unit represents a contingent right to receive one share of JFI common stock. |
| 3 | Derivative | Restricted Share Units | 2023-12-14 | A | A | 95.53 | $0.00 | 18,514.91 | D | — · — to — | 95.53 Common Stock | (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 as the March 2023 Annual Grant. The RSUs vest in three equal annual installments with distributions settled in cash. The first third vests on March 10, 2024, the second third on March 10, 2025, and the remaining third on March 10, 2026. (F6) The total reflects adjustments to correct inadvertent errors in the number of shares awarded in the March 10, 2023, equity grant, and subsequent accruals of dividend equivalent units in March, June, and September, the number of RSUs that vested on an accelerated basis on November 29, 2023, and the number of shares withheld on that date. (F2) Each restricted stock unit represents a contingent right to receive one share of JFI common stock. |
| 4 | Derivative | Restricted Share Units | 2023-12-14 | A | A | 53.55 | $0.00 | 18,340.55 | D | — · — to — | 53.55 Common Stock | (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 as the October 2021 Annual Grant. The RSUs vest in three equal annual installments with distributions settled in cash. The first third vested on October 4, 2022, the next third vested on October 4, 2023, and the remaining third vests on April 4, 2024. (F2) Each restricted stock unit represents a contingent right to receive one share of JFI common stock. |