Matthew Grove - 10 Aug 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
10 Aug 2022
Net transactions value
$0
Form type
4
Filing time
12 Aug 2022, 16:17:22 UTC
Previous filing
13 Jul 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +15,493 $0.000000 15,493 10 Aug 2022 Direct F1
transaction LNC Common Stock Award $0 +53,708 +347% $0.000000 69,201 10 Aug 2022 Direct 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 +34,902 $0.000000 34,902 10 Aug 2022 Common Stock 34,902 $48.41 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 August 10, 2025.
F2 Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest in three equal installments on August 10, 2023, 2024 and 2025.
F3 The option vests in three equal installments on August 10, 2023, 2024 and 2025.