Ellen Cooper - 15 Feb 2023 Form 4/A - Amendment Insider Report for LINCOLN NATIONAL CORP (LNC)

Role: President & CEO
Signature: /s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol: LNC
Transactions as of: 15 Feb 2023
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 21 Feb 2023, 16:00:18 UTC
Date Of Original Report: 17 Feb 2023
Previous filing: 31 May 2022
Next filing: 22 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	+43,853	+28%	$0.000000	202,980	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	+125,998		$0.000000	125,998	15 Feb 2023	Common Stock	125,998	$34.99	Direct	F3, F4, F5, F6

* 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. The original Form 4, filed on February 17, 2023, is being amended by this Form 4 amendment to correct an administrative error that incorrectly reported the number of securities acquired in Column 4 as 43,856.
F2	Includes 1,333.14 shares acquired through dividend reinvestment since the reporting person's last report. The original Form 4, filed on February 17, 2023, is being amended by this Form 4 amendment to correct an administrative error that incorrectly reported the number of securities beneficially owned following the reported transaction in Column 5 as 202,983.27.
F3	The original Form 4, filed on February 17, 2023, is being amended by this Form 4 amendment to correct an administrative error that incorrectly reported the number of derivative securities acquired in Column 5 as 126,006.
F4	The option vests in three equal installments on February 15, 2024, 2025 and 2026.
F5	The original Form 4, filed on February 17, 2023, is being amended by this Form 4 amendment to correct an administrative error that incorrectly reported the number of shares in Column 7 as 126,006.
F6	The original Form 4, filed on February 17, 2023, is being amended by this Form 4 amendment to correct an administrative error that incorrectly reported the number of derivative securities beneficially owned following the reported transaction in Column 9 as 126,006.