Filing Details

Accession Number:
0001214659-14-007941
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-24 14:12:21
Reporting Period:
2014-11-21
Filing Date:
2014-11-24
Accepted Time:
2014-11-24 14:12:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
59558 Lincoln National Corp LNC Life Insurance (6311) 351140070
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1280429 E Mark Konen 150 N. Radnor-Chester Road
Radnor PA 19087
President - Ins. Sol. And Ann. No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-11-21 5,442 $57.60 0 No 4 I Indirect By 401(k)
Common Stock Acquisiton 2014-11-21 44,714 $53.60 121,707 No 4 M Direct
Common Stock Disposition 2014-11-21 44,714 $57.58 76,993 No 4 S Direct
Common Stock Disposition 2014-11-21 4,160 $0.00 72,833 No 5 G Direct
Common Stock Acquisiton 2014-11-24 10,000 $16.24 82,833 No 4 M Direct
Common Stock Disposition 2014-11-24 10,000 $58.00 72,833 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 I Indirect By 401(k)
No 4 M Direct
No 4 S Direct
No 5 G Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Phantom Stock Units Disposition 2014-11-21 5,973 $57.69 5,973 $0.00
Common Stock Employee Stock Option (Right to Buy) Disposition 2014-11-21 44,714 $0.00 44,714 $53.60
Common Stock Employee Stock Option (Right to Buy) Disposition 2014-11-24 10,000 $0.00 10,000 $16.24
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 I Direct
0 2007-02-13 2016-02-12 No 4 M Direct
8,306 2010-05-14 2019-05-14 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,457 Indirect By Family Trust
Footnotes
  1. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $57.45 to $57.68, 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 shares sold at each separate price within the range set forth in footnote 1 to this Form.
  2. These shares were sold pursuant to a stock trading plan adopted June 9, 2014 in accordance with Rule 10b5-1.
  3. Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.
  4. Represents Phantom Stock Units acquired in the LNC DC SERP in accordance with the officer's election. These shares were transferred into alternative investment accounts in the LNC DC SERP at the discretion of the officer.
  5. The option vested in three equal installments on February 13, 2007, 2008 and 2009.
  6. The option vested in three equal installments on May 14, 2010, 2011 and 2012.