Ellen Cooper - 07 May 2021 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP & CIO
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
07 May 2021
Net transactions value
$0
Form type
4
Filing time
11 May 2021, 16:43:29 UTC
Next filing
20 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +1,956 +1.5% $0.000000 131,251 07 May 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LNC Employee Stock Option (right to buy) Award $0 +6,282 $0.000000 6,282 07 May 2021 Common Stock 6,282 $69.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on May 7, 2024.
F2 Includes 197.01 shares acquired through dividend reinvestment since the reporting person's last report.
F3 The option vests in three equal installments on May 7, 2022, 2023 and 2024.