4//SEC Filing
Goatley Julia Anne 4
Accession 0001062993-21-009305
CIK 0001822993other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 9:26 PM ET
Size
10.8 KB
Accession
0001062993-21-009305
Insider Transaction Report
Form 4
Goatley Julia Anne
EVP, GC and Secretary
Transactions
- Award
Restricted Share Units
2021-10-04+9,602→ 9,602 total→ Common Stock (9,602 underlying) - Award
Restricted Share Units
2021-10-04+5,626→ 5,626 total→ Common Stock (5,626 underlying)
Holdings
- 309(indirect: By Spouse)
Common Stock
- 143
Common Stock
Footnotes (4)
- [F1]In connection with the demerger, Ms. Goatley acquired beneficial ownership of shares of Jackson Financial Inc. (JFI) as part of a share dividend distributed equally on all securities of a class, where for every 40 shares of common stock of JFI's former parent company, Prudential plc (Pru UK), a dividend of one share of JXN common stock. The Pru UK shares were acquired previously by Ms. Goatley's spouse as part of his participation in a voluntary employee stock purchase plan offered by his former employer, Pru UK.
- [F2]Prudential plc American Depositary Receipts (ADRs) were acquired previously as part of participant's long-term incentive compensation prior to the demerger. In connection with the JFI demerger from Prudential plc, the participant acquired Jackson Financial Inc. (JFI) common stock (shares distributed equally on all securities of a class) where holders of vested Prudential plc ADRs received one JFI share of common stock for every 20 vested Prudential plc ADRs.
- [F3]Acquired Jackson Financial Inc. (JFI) Restricted Share Units (RSU) and Performance Share Units (PSU) pursuant to the Jackson Financial Inc. 2021 Omnibus Incentive Plan, which was approved by shareholders on April 21, 2021. The JFI 2021 Annual Incentive Awards were approved by JFI's Board of Directors' Compensation Committee on September 20, 2021. The RSUs vest over three years in three installments with the first third vesting on the one-year anniversary of the Grant Date on October 4, 2022, the next third vesting on the two-year anniversary of the Grant Date on October 4, 2023, and the remaining third vesting on April 4, 2024, subject to the Officer's continued employment through such dates.
- [F4]Acquired Jackson Financial Inc. (JFI) Restricted Share Units (RSU) pursuant to the JFI 2021 Omnibus Incentive Plan, which was approved by shareholders on April 21, 2021. The Celebration Award was approved by JFI's Board of Directors' Compensation Committee on September 20, 2021. The RSUs granted under the Celebration Award fully vest on the one-year anniversary of the Grant Date on October 4, 2022, subject to the Officer's continued employment through such date. Each RSU may be paid out in either shares (1 RSU equals 1 share of common stock) or cash equal to the Fair Market Value of one share of JFI common stock.
Issuer
Jackson Financial Inc.
CIK 0001822993
Entity typeother
Related Parties
1- filerCIK 0001856354
Filing Metadata
- Form type
- 4
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 9:26 PM ET
- Size
- 10.8 KB