Ellen Cooper - 26 May 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
26 May 2022
Net transactions value
$0
Form type
4
Filing time
31 May 2022, 16:21:05 UTC
Previous filing
28 Feb 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +7,480 +5% $0.000000 157,794 26 May 2022 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 +23,663 $0.000000 23,663 26 May 2022 Common Stock 23,663 $57.16 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 26, 2025.
F2 Includes 263.79 shares acquired through dividend reinvestment since the reporting person's last report.
F3 The option vests in three equal installments on May 26, 2023, 2024 and 2025.