Dennis R. Glass - Sep 27, 2021 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
President & CEO, Director
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
Sep 27, 2021
Transactions value $
-$10,807,500
Form type
4
Date filed
9/28/2021, 04:15 PM
Next filing
Oct 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Sale -$10.8M -150K -15.94% $72.05 791K Sep 27, 2021 Direct F1, F2, F3
holding LNC Common Stock 1.39K Sep 27, 2021 In 401(k) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.00 to $72.15, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 to this Form.
F3 Includes 2,484.25 shares acquired through dividend reinvestment since the reporting person's last report.
F4 Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 9/1/2021.