Those jolts you are describing sound like hypnic jerks, which are quite common and certainly not a sign that something is wrong with you or your sleep. You might find this forum discussion helpful: Jerking self awake when falling asleep / hypnic jerks?
If you are experiencing dreams, then you are almost certainly getting deep sleep too since this sleep stage is prioritized by the body when sleep deprived.
Have you looked into cognitive behavioral therapy for insomnia (CBT-I)? I think you’ll find it very helpful since it will help address any incorrect or inappropriate sleep-related thoughts and it will help you implement constructive behaviors that will give sleep the best chance possible.
To start, since you are going to bed at 10:30 PM and getting out of bed between 5:00 AM and 6:00 AM this means you are allotting between six-and-a-half and seven-and-a-half hours for sleep. If you are currently averaging around four hours of sleep each night, we can see that your current sleep schedule is virtually guaranteeing you up to three-and-a-half hours of tossing and turning during the night.
I hope this gives you some things to think about and that you found this post helpful.
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