Filing Details

Accession Number:
0001214659-17-001350
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-24 16:13:25
Reporting Period:
2017-02-22
Filing Date:
2017-02-24
Accepted Time:
2017-02-24 16:13:25
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
1509209 J Randal Freitag 150 N. Radnor-Chester Road
Radnor PA 19087
Evp & Cfo 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 Acquisiton 2017-02-22 20,780 $0.00 136,698 No 4 A Direct
Common Stock Disposition 2017-02-22 9,372 $71.70 127,326 No 4 F Direct
Common Stock Acquisiton 2017-02-22 8,741 $0.00 136,067 No 4 A Direct
Common Stock Disposition 2017-02-23 2,275 $71.83 133,792 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2017-02-22 32,502 $0.00 32,502 $71.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,502 2018-02-22 2027-02-22 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 682 Indirect By 401(k)
Footnotes
  1. Represents settlement of performance share incentive awards for the 2014-2016 performance cycle.
  2. Tax withholding upon vesting of performance shares.
  3. Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock. The restricted stock units vest on February 22, 2019.
  4. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $71.832 to $71.838, 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 4 to this Form.
  5. The option vests in three equal annual installments on February 22, 2018, 2019 and 2020.