| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LNC | Depositary Shares representing Series D Preferred Stock | Purchase | $200K | +7.84K | +109.34% | $25.52 | 15K | May 11, 2023 | Direct | F1, F2 |
| holding | LNC | Common Stock | 3K | May 11, 2023 | By Family Trust | F3 |
| Id | Content |
|---|---|
| F1 | Each Depositary Share represents a 1/1,000th interest in a share of Lincoln National Corporation's 9.000% Non-Cumulative Preferred Stock, Series D ("Series D Preferred Stock"). |
| F2 | The price reported in Column 4 is a weighted average price. These Depositary Shares representing Series D Preferred Stock were purchased in multiple transactions at prices ranging from $25.51 to $25.58, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Depositary Shares representing Series D Preferred Stock purchased at each separate price within the range set forth in footnote 2 to this Form 4. |
| F3 | These shares are held in trust for the benefit of the reporting person's descendants. The reporting person's spouse is trustee of the trust. |