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Filing Details

Accession Number:: 0001062993-22-012824
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-17 18:43:27
Reporting Period:: 2022-05-13

Accepted Time:: 2022-05-17 18:43:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1822993	Jackson Financial Inc.	JXN	Life Insurance (6311)	980486152

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1857242	Chadwick Paul Myers	1 Corporate Way Lansing MI 48951	Vice Chair, Jhllc	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-05-13	500	$30.06	418,431	No	4	P	Direct
Common Stock	Acquisiton	2022-05-13	4,500	$31.50	422,931	No	4	P	Direct
Common Stock	Acquisiton	2022-05-16	8,000	$33.15	383,491	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Share Units	$0.00			47,440	47,440	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	47,440	47,440	Direct

Footnotes

Shares were bought in two transactions for $30.06. Mr. Myers undertakes to provide to Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought described in this Footnote 1.
Shares purchased through a Joint Brokerage Account in both Mr. Myers's and spouse's name as joint owners.
The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions ranging from $31.20 to $31.81, inclusive. Mr. Myers undertakes to provide to Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this Footnote 3.
The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions ranging from $32.95 to $33.41, inclusive. Mr. Myers undertakes to provide to Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this Footnote 4.
The total amount beneficially owned reflects both (1) the addition of 8,000 shares purchased in the open market on May 16, 2022, and (2) a removal from Table I to Table II of common stock underlying 47,439.61 Restricted Share Units ("RSUs") that were acquired upon the October 4, 2021 grant of converted unvested Prudential plc Restricted Stock. One hundred percent (100%) of the RSUs previously were reported in Table I on March 14, 2022, based on an understanding that the RSUs were to settle upon vesting only in shares. It has since been clarified that only 75% of the total number of RSUs acquired in October 2021 will settle in shares upon vesting, and the remaining 25% of the RSUs will be paid out in cash upon vesting. The 25% of the RSUs that will be paid out in cash upon vesting is now properly reported in Table II, instead of Table I. These RSUs cliff vest on April 9, 2023.
Reflects the portion of Restricted Share Units ("RSUs") previously reported on Table I in a Form 4 filed on March 14, 2022 that are settled in cash as described in Footnote 5 above.