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

Role
EVP Head of Life Annuities LFN
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
Aug 10, 2022
Transactions value $
$0
Form type
4
Date filed
8/12/2022, 04:17 PM
Previous filing
Jul 13, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +15.5K $0.00 15.5K Aug 10, 2022 Direct F1
transaction LNC Common Stock Award $0 +53.7K +346.66% $0.00 69.2K Aug 10, 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 +34.9K $0.00 34.9K Aug 10, 2022 Common Stock 34.9K $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.