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

Role
President & CEO
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
2/21/2023, 04:00 PM
Date Of Original Report
Feb 17, 2023
Previous filing
May 31, 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 +43.9K +27.56% $0.00 203K Feb 15, 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 +126K $0.00 126K Feb 15, 2023 Common Stock 126K $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.