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

Role
EVP Head of Wrkplc Solutions
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, 16:18:12 UTC
Previous filing
09 Aug 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +12,410 $0.000000 12,410 10 Aug 2022 Direct F1
transaction LNC Common Stock Award $0 +20,657 +166% $0.000000 33,067 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 +27,957 $0.000000 27,957 10 Aug 2022 Common Stock 27,957 $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.