Dennis R. Glass - Feb 16, 2022 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
Feb 16, 2022
Transactions value $
-$1,598,034
Form type
4
Date filed
2/18/2022, 03:27 PM
Previous filing
Jan 21, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +56K +8.76% $0.00 695K Feb 16, 2022 Direct F1, F2
transaction LNC Common Stock Tax liability -$1.6M -21.7K -3.13% $73.51 674K Feb 16, 2022 Direct F3
transaction LNC Common Stock Award $0 +22.5K +3.34% $0.00 696K Feb 16, 2022 Direct F4
holding LNC Common Stock 1.4K Feb 16, 2022 In 401(k) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of performance share incentive awards for the 2019 - 2021 performance cycle.
F2 Includes 1,192.23 shares acquired through dividend reinvestment since the reporting person's last report.
F3 Tax withholding upon vesting of performance shares.
F4 Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on February 16, 2025.
F5 Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 2/1/2022.