Jackson Financial Inc. — Director's Dealing 2021

Oct 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Jackson Financial Inc. (JXN)
CIK: 0001822993
Period of Report: 2021-10-04

Reporting Person: Kirkland Derek G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-04	Restricted Shares	A	5626	$0.00	Acquired	5626	Direct
2021-10-04	Restricted Shares	A	3125	$0.00	Acquired	8751	Direct
2021-10-04	Restricted Share	A	3745	$0.00	Acquired	12496	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-04	Restricted Share Units	$	A	278	Acquired		Common Stock (278)	Direct

Footnotes

F1: Acquired Jackson Financial Inc. (JFI) Restricted Shares (RS) 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 the JFI Board of Directors' Compensation Committee on September 20, 2021. The RS vest over two years in two equal installments. The first half shall vest on the one-year anniversary of the Grant Date on October 4, 2022, and the remaining half shall vest on the second anniversary of the Grant Date on October 4, 2023, subject to Mr. Kirkland's continued service through such dates. The RSs may be paid out in either shares, or cash equal to the Fair Market Value of one share of common stock.

F2: As part of annual director compensation for the service period September 13, 2021 - May 31, 2022, participant elected for the "cash portion" of compensation to receive Restricted Shares, which vest(s) over eight months with three-eighths vesting on December 31, 2021, the next three-eighths vesting on March 31, 2022, and the remaining two-eighths vesting on May 31, 2022, subject to the Director's continued service through such dates.

F3: As part of annual director compensation for the service period September 13, 2021 - May 31, 2022, participant elected to receive Restricted Shares (RS) for service provided from October 1, 2021 - May 31, 2022. The RS fully vests on the first anniversary of the Grant Date on October 4, 2022, subject to the Director's continued service through such date.

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) for the service period September 13, 2021 - September 30, 2021, subject to the Director's continued service through such date. RSUs shall be paid out in shares (1 RSU for 1 share of common stock).