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: Durant Gregory T (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-04	Restricted Share Units	$	A	5626	Acquired		Common Stock (5626)	Direct
2021-10-04	Restricted Share Units	$	A	4023	Acquired		Common Stock (4023)	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 the JFI Board of Directors' Compensation Committee on September 20, 2021. The RSUs 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. Durant's continued service through such dates. The RSUs 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 to receive the equity component in restricted share units (RSUs). The RSUs fully vest on the first anniversary of the Grant Date on October 4, 2022, 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).