4//SEC Filing
Myers Paul Chadwick 4
Accession 0001062993-22-019737
CIK 0001822993other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 7:24 PM ET
Size
14.3 KB
Accession
0001062993-22-019737
Insider Transaction Report
Form 4
Myers Paul Chadwick
Vice Chair JHLLC
Transactions
- Award
Common Stock
2022-09-15+958.81→ 392,057.16 total - Award
Common Stock
2022-09-15+2,463.12→ 391,098.35 total - Award
Common Stock
2022-09-15+99.87→ 392,157.03 total - Award
Common Stock
2022-09-15+965.11→ 393,122.14 total - Award
Restricted Share Units
2022-09-15+821.03→ 49,201.9 total→ Common Stock (821.03 underlying)
Footnotes (5)
- [F1]Reflects 75% of the acquisition on September 15, 2022, of dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally reported on October 4, 2021, as converted unvested Prudential plc Restricted Stock where the total amount of 185,006 JFI RSUs acquired reflect the underlying: (a) JFI common stock received as a demerger dividend plus (b) converted JFI common stock. These RSUs vest on April 9, 2023, subject to continued employment through such date. Upon vesting, 75% of the total number of RSUs will settle in shares, and the remaining 25% of the RSUs will be paid out in cash (see Footnote 5). Upon vesting, full shares will be distributed but the fractional shares will be used for share withholding to cover related tax obligations for the Section 16 Officer.
- [F2]Reflects the acquisition on September 15, 2022, of dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to the recipient on October 4, 2021, as part of the Annual Award of 54,013 RSUs. These RSUs vest over 30 months in three installments with the first third vesting on the one-year anniversary of the grant date, October 4, 2022, the next third vesting on the two-year anniversary of the grant date, October 4, 2023, and the remaining third vesting on April 4, 2024, subject to continued employment through such dates. Upon vesting, full shares will be distributed but the fractional shares will be used for share withholding to cover related tax obligations for the Section 16 Officer.
- [F3]Reflects the acquisition on September 15, 2022, of dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to the recipient on October 4, 2021, as part of the Celebration Award of 5,626 RSUs. These RSUs fully vest on the one-year anniversary of the grant date, October 4, 2022, subject to continued employment through such date. Upon vesting, full shares will be distributed but the fractional shares will be used for share withholding to cover related tax obligations for the Section 16 Officer.
- [F4]Reflects the acquisition on September 15, 2022, of dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity originally granted to the recipient on March 10, 2022, as part of the 2022 Annual Restricted Share Unit Award of 55,086 RSUs. These RSUs vest over three years, where the first third vests on the one-year anniversary of the grant date, March 10, 2023, the next third vests on the two-year anniversary of the grant date, March 10, 2024, and the remaining third vests on the three-year anniversary of the grant date, March 10, 2025, subject to continued employment through such dates. Upon vesting, full shares will be distributed but the fractional shares will be used for share withholding to cover related tax obligations for the Section 16 Officer.
- [F5]Reflects 25% of the acquisition on September 15, 2022, of dividend equivalents in the form of Restricted Share Units ("RSUs"), which are subject to the same terms and conditions as the underlying equity, as described in Footnote 1, above. As previously reported, 25% of the total RSUs granted or acquired upon vesting will be settled in cash.
Issuer
Jackson Financial Inc.
CIK 0001822993
Entity typeother
Related Parties
1- filerCIK 0001857242
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 7:24 PM ET
- Size
- 14.3 KB