Matthew Grove - 15 Feb 2023 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP Head of Life Annuities LFN
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 15:18:50 UTC
Previous filing
12 Aug 2022
Next filing
11 Aug 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 +22,293 +32% $0.000000 92,983 15 Feb 2023 Direct F1, 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 +42,700 $0.000000 42,700 15 Feb 2023 Common Stock 42,700 $34.99 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 February 15, 2026.
F2 Includes 1,489.15 shares acquired through dividend reinvestment since the reporting person's last report.
F3 The option vests in three equal installments on February 15, 2024, 2025 and 2026.