Form Type: 4

SEC EDGAR Link
Accession Number:0001062993-22-008601
Date:2022-03-23
Issuer: JACKSON FINANCIAL INC. (JXN)
Original Submission Date:

Reporting Person:

KIRKLAND DEREK G
1 CORPORATE WAY
LANSING, MI 48951

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-03-23 A 70 a $44.62 5,771 direct
COMMON STOCK 2022-03-23 A 24 a $44.62 8,961 direct
COMMON STOCK 2022-03-23 A 47 a $44.62 12,803 direct
COMMON STOCK 2022-03-23 A 3 a $44.62 13,088 direct
COMMON STOCK 2022-03-23 0 $0.00 5,700 direct
COMMON STOCK 2022-03-23 0 $0.00 8,937 direct
COMMON STOCK 2022-03-23 0 $0.00 12,756 direct
COMMON STOCK 2022-03-23 0 $0.00 13,084 direct
COMMON STOCK 2022-03-23 0 $0.00 18,588 indirect
COMMON STOCK 2022-03-23 0 $0.00 19,588 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 previously reported (on table ii) director founder's award of 5,626 restricted shares ("rs") granted on october 4, 2021. the rs vest over two years in two equal installments. the first half shall vest 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, subject to the director's continued service through such dates. the total number of rs also reflects the previously reported acquisition on december 9, 2021 of dividend equivalents in the form of 74.32 rs, which are subject to the same terms and conditions as the underlying equity.
f2 the total number reflects the acquisition on march 23, 2022 of dividend equivalents in the form of 70.26 restricted shares ("rs"), as described in footnote 1, which are subject to the same terms and conditions as the underlying equity.
f3 previously reported (on table ii) director's annual equity in lieu of cash award of 3,125 restricted shares ("rs") granted on october 4, 2021 as part of annual director compensation for the service period september 13, 2021 - may 31, 2022, where the director elected for the "cash portion" of compensation to receive 3,125 rs. the rs vest over eight months with three-eighths vesting on december 31, 2021, the next three-eighths vesting on march 31, 2022, and the remaining two-eighths vesting on may 31, 2022, subject to the director's continued service through such dates. the total number of rs also reflects the previously reported acquisition on december 9, 2021 of dividend equivalents in the form of 41.28 rs, which are subject to the same terms and conditions as the underlying equity.
f4 the total number reflects the acquisition on march 23, 2022 of dividend equivalents in the form of 24.40 restricted shares ("rs") on the remaining rs described in footnote 3, as well as the previously reported acquisition on december 9, 2021 of dividend equivalents in the form of 41.28 rs on the total granted rs, which are subject to the same terms and conditions as the underlying equity.
f5 previously reported (on table ii) director's annual equity retainer award of 3,745 restricted shares ("rs") granted on october 4, 2021 as part of annual director compensation for the service period september 13, 2021 - may 31, 2022, for service provided from october 1, 2021 - may 31, 2022. the rs fully vest on the first anniversary of the grant date, october 4, 2022, subject to the director's continued service through such date. the total number of rs also reflects the previously reported acquisition on december 9, 2021 of dividend equivalents in the form of 49.47 rs, which are subject to the same terms and conditions as the underlying equity.
f6 the total number reflects the acquisition on march 23, 2022 of dividend equivalents in the form of 46.77 restricted shares ("rs") described in footnote 5, which are subject to the same terms and conditions as the underlying equity.
f7 previously reported (on table ii) annual director equity award of 278 restricted share units ("rsus") granted on october 4, 2021. these rsus are for the service period of september 13, 2021 - september 30, 2021 and fully vest on the one-year anniversary of the grant date, october 4, 2022, subject to continued service through such dates. the total number of rsus also reflects the previously reported acquisition on december 9, 2021 of dividend equivalents in the form of 3.67 rsus, which are subject to the same terms and conditions as the underlying equity.
f8 the total number reflects the acquisition on march 23, 2022 of dividend equivalents in the form of 3.47 restricted shares units ("rsus") as described in footnote 7, which are subject to the same terms and conditions as the underlying equity.
f9 the total number reflects 5,500 shares previously reported that are held in the the kirkland family trust dtd 3/26/10, where mr. kirkland and his spouse are grantors, beneficiaries and trustees.
f10 the total number reflects 1,000 shares previously reported that are held in the the kirkland family trust dtd 3/26/10, where mr. kirkland and his spouse are grantors, beneficiaries and trustees.
WhaleWisdom Logo

Elevate your investments