John Christopher Kennedy - Feb 15, 2023 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP, President LFD
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:18 PM
Previous filing
Dec 16, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Award $0 +9.19K +44.63% $0.00 29.8K Feb 15, 2023 Direct F1, F2
holding LNC Common Stock 6.45K Feb 15, 2023 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 +17.6K $0.00 17.6K Feb 15, 2023 Common Stock 17.6K $34.99 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 February 15, 2026.
F2 Includes 246.02 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 2/1/2023.
F4 The option vests in three equal annual installments on February 15, 2024, 2025 and 2026.