Jamie Ohl - May 13, 2021 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP, President Wrkplc Sols
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
May 13, 2021
Transactions value $
-$551,202
Form type
4
Date filed
5/17/2021, 04:37 PM
Previous filing
May 13, 2021
Next filing
Nov 19, 2021

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 Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$551K -8.01K -55.53% $68.80 6.42K May 13, 2021 Common Stock 8.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock. Represents stock units held in the LNC DC SERP. The reporting person may transfer her Phantom Stock account into an alternative investment account at any time.
F2 Includes 693.75 stock units acquired through dividend reinvestment since the reporting person's last report.