Dennis R. Glass - May 27, 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
Director
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
May 27, 2022
Transactions value $
-$6,087,156
Form type
4
Date filed
6/1/2022, 04:21 PM
Previous filing
Feb 28, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Tax liability -$3.18M -54.5K -8.22% $58.32 609K May 27, 2021 Direct F1, F2
transaction LNC Common Stock Sale -$2.91M -50K -8.22% $58.13 559K May 31, 2022 Direct F3
holding LNC Common Stock 1.42K May 27, 2022 In 401(k) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tax withholding upon the vesting of restricted stock units.
F2 Includes 943.05 shares acquired through dividend reinvestment since the reporting person's last report.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.09 to $58.21, 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 3 to this Form.
F4 Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 5/1/2022.