Sec Form 4 Filing - Kirkland Derek G @ Jackson Financial Inc. - 2022-06-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Kirkland Derek G
2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1 CORPORATE WAY
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2022
(Street)
LANSING, MI48951
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock( 1 ) 06/09/2022 A 4,282 A $ 0 23,869.64 D
Common Stock( 2 ) 06/09/2022 A 3,568 A $ 0 27,436.95( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kirkland Derek G
1 CORPORATE WAY
LANSING, MI48951
X
Signatures
/s/ Kristan L. Richardson, as Attorney-in-Fact 06/13/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents Restricted Shares ("RS") granted on June 9, 2022 as part of the 2022-2023 Annual Director Compensation. The RS fully vest on June 9, 2023, or the next Annual Meeting of Shareholders, whichever comes first. Upon vesting, fractional shares will be paid out in cash.
( 2 )Represents Restricted Shares ("RS") granted on June 9, 2022 where the Director elected to receive equity in lieu of the cash portion of the 2022-2023 Annual Director Compensation. The RS vest in four equal installments over a 12-month period, where the first vests on August 31, 2022, the second vests on November 30, 2022, the third vests on February 28, 2023 and the fourth vests on May 31, 2023. Upon vesting, fractional shares will be paid out in cash.
( 3 )The total amount beneficially owned has been adjusted to reflect the subtraction of .69 fractional shares that were paid out in cash for Restricted Shares ("RS") that vested on December 31, 2021, March 31, 2022 and May 31, 2022. The RS were granted on October 4, 2021 as part of the 2021-2022 Annual Director Restricted Share Award where the director elected to receive equity in lieu of the cash portion.

Remarks:
Power of Attorney on file.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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