Dennis R. Glass - 16 Feb 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
President & CEO, Director
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
16 Feb 2022
Net transactions value
-$1,598,034
Form type
4
Filing time
18 Feb 2022, 15:27:14 UTC
Previous filing
21 Jan 2022
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +55,990 +8.8% $0.000000 695,328 16 Feb 2022 Direct F1, F2
transaction LNC Common Stock Tax liability $1,598,034 -21,739 -3.1% $73.51 673,589 16 Feb 2022 Direct F3
transaction LNC Common Stock Award $0 +22,528 +3.3% $0.000000 696,117 16 Feb 2022 Direct F4
holding LNC Common Stock 1,403 16 Feb 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.