James Waltman Reid - Aug 10, 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP Head of Wrkplc Solutions
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, 04:18 PM
Previous filing
Aug 9, 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 +12.4K $0.00 12.4K Aug 10, 2022 Direct F1
transaction LNC Common Stock Award $0 +20.7K +166.45% $0.00 33.1K 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 +28K $0.00 28K Aug 10, 2022 Common Stock 28K $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 as follows: 25% on August 10, 2023, 25% on August 10, 2024, and the remaining 50% on August 10, 2025.
F3 The option vests in three equal installments on August 10, 2023, 2024 and 2025.