Filing Details
- Accession Number:
- 0001062993-22-012826
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-17 18:47:02
- Reporting Period:
- 2022-04-19
- Accepted Time:
- 2022-05-17 18:47:02
- 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 |
|---|---|---|---|---|---|---|---|
| 1856351 | Dilip Devkumar Ganguly | 1 Corporate Way Lansing MI 48951 | Evp & Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2022-04-19 | 13,640 | $0.00 | 86,609 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2022-05-13 | 10,000 | $30.60 | 86,529 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Direct | |
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Share Units | $0.00 | 10,081 | 10,081 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 10,081 | 10,081 | Direct |
Footnotes
- Mr. Ganguly transferred 13,640 shares of Jackson Financial Inc. ("JFI") common stock to a Joint Brokerage Account held in both Mr. Ganguly's and spouse's name as joint owners.
- Reflects JFI shares of common stock remaining in original account prior to the transfer described in Footnote 1.
- The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions ranging from $30.43 to $30.75, inclusive. Mr. Ganguly 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 total amount beneficially owned reflects both (1) the addition of 10,000 shares purchased in the open market on May 13, 2022, and (2) a removal from Table I to Table II of common stock underlying 10,080.57 Restricted Stock 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.
- Shares held in a Joint Brokerage Account in both Mr. Ganguly's and spouse's name as joint owners.
- 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 4 above.
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