Devkumar Dilip Ganguly - Apr 9, 2023 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
EVP & Chief Operating Officer
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Apr 9, 2023
Transactions value $
-$3,042,714
Form type
4
Date filed
4/11/2023, 04:49 PM
Previous filing
Mar 27, 2023
Next filing
Jun 20, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Tax liability -$699K -19.5K -15.47% $35.79 107K Apr 9, 2023 Direct F1
transaction JXN Common Stock Options Exercise $0 +14.8K +13.84% $0.00 122K Apr 9, 2023 Direct F2
transaction JXN Common Stock Disposed to Issuer -$529K -14.8K -12.16% $35.79 107K Apr 9, 2023 Direct F3
transaction JXN Common Stock Tax liability -$512K -14.3K -13.4% $35.79 92.4K Apr 9, 2023 Direct F4
transaction JXN Common Stock Options Exercise $0 +10.8K +11.7% $0.00 103K Apr 9, 2023 Direct F5
transaction JXN Common Stock Disposed to Issuer -$387K -10.8K -10.47% $35.79 92.4K Apr 9, 2023 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JXN restricted share units Options Exercise -$529K -14.8K -57.74% $35.79 10.8K Apr 9, 2023 Common Stock 14.8K Direct F2
transaction JXN restricted share units Options Exercise -$387K -10.8K -100% $35.79 0 Apr 9, 2023 Common Stock 10.8K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax obligations due upon the vesting of the earned restricted share units settled in shares, based on achievement of performance metrics of the Converted 2020 PLTIP (2020 PLTIPs).
F2 Reflects the conversion of 14,770.72 earned shares upon the vesting of the cash-settled portion of the 2020 PLTIPs previously reported in Table II when the shares were earned.
F3 Reflects the disposition for cash of 14,770.72 earned shares upon the vesting of the cash-settled portion of the 2020 PLTIPs previously reported in Table II when the shares were earned.
F4 Shares withheld to cover tax obligations due upon the vesting of earned restricted share units settled in shares, based on achievement of performance metrics of the Converted Prudential RSPs (Pru RSPs).
F5 Reflects the conversion of 10,812.75 earned shares upon the vesting of the cash-settled portion of the Pru RSPs previously reported in Table II when the shares were earned.
F6 Reflects the disposition for cash of 10,812.75 earned shares upon the vesting of the cash-settled portion of the Pru RSPs previously reported in Table II when the shares were earned.

Remarks:

Power of Attorney on file.