Jackson Financial Inc. — Director's Dealing 2021

Dec 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Jackson Financial Inc. (JXN)
CIK: 0001822993
Period of Report: 2021-12-09

Reporting Person: KANDARIAN STEVEN A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-04	Restricted Share Units	$	A	45011	Acquired		Common Stock (45011)	Direct
2021-12-09	Restricted Share Units	$	A	594.60	Acquired		Common Stock (594.60)	Direct
2021-10-04	Restricted Share Units	$	A	12378	Acquired		Common Stock (12378)	Direct
2021-12-09	Restricted Share Units	$	A	163.51	Acquired		Common Stock (163.51)	Direct

Footnotes

F1: Acquired Jackson Financial Inc. (JFI) Restricted Share Units (RSUs) pursuant to the Jackson Financial Inc. 2021 Omnibus Incentive Plan, which was approved by shareholders on April 21, 2021. The Director Founder's Award was approved by JFI's Board of Directors' Compensation Committee on September 20, 2021. The RSUs vest over three years in equal 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 the third anniversary of the Grant Date, October 4, 2024, subject to Mr. Kandarian's continued service through such dates.

F2: Acquired Restricted Share Units due to dividend reinvestment pursuant to terms of the Jackson Financial Inc. 2021 Omnibus Incentive Plan.

F3: The Restricted Share Units vest over three years in equal 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 the third anniversary of the Grant Date, October 4, 2024, subject to Mr. Kandarian's continued service through such dates.

F4: As part of annual director compensation for the service period September 13, 2021 - May 31, 2022, participant elected to receive the equity component in Restricted Share Units (RSUs). The RSUs fully vest on the first anniversary of the Grant Date, October 4, 2022, subject to the Director's continued service through such date. RSUs shall be paid out in common stock on a 1-1 basis.

F5: The Restricted Share Units fully vest on the first anniversary of the Grant Date, October 4, 2022, subject to the Director's continued service through such date.