John Christopher Kennedy - 05 Dec 2022 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role: EVP, President LFD
Signature: /s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol: LNC
Transactions as of: 05 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Dec 2022, 15:24:37 UTC
Previous filing: 28 Feb 2022
Next filing: 16 Dec 2022
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	+3,057	+16%	$0.000000	21,836	05 Dec 2022	Direct	F1, F2
holding	LNC	Common Stock						6,455	05 Dec 2022	In 401(k)	F3

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	+16,279		$0.000000	16,279	05 Dec 2022	Common Stock	16,279	$37.74	Direct	F4

* 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 December 5, 2025.
F2	Includes 405 shares acquired through dividend reinvestment since the reporting person's last report.
F3	Represents the number of shares of common stock beneficially owned through the Company's 401(K) Plan as of 12/1/2022.
F4	The option vests on December 5, 2025.