Filing Details

Accession Number:
0001214659-21-002421
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-26 16:27:35
Reporting Period:
2021-02-24
Accepted Time:
2021-02-26 16:27:35
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 2021-02-24 52,198 $24.99 256,618 No 4 M Direct
Common Stock Disposition 2021-02-24 52,198 $59.68 204,420 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Employee Stock Option (Right to Buy) Disposition 2021-02-24 52,198 $0.00 52,198 $24.99
Common Stock Phantom Stock Units Disposition 2021-02-24 28,535 $59.40 28,535 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-02-22 2022-02-22 No 4 M Direct
0 No 4 I Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 750 Indirect By 401(k)
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.61 to $59.90, 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 this footnote 1.
  2. Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 2/1/2021.
  3. The option vested in three equal installments on February 22, 2013, 2014 and 2015.
  4. Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock. Represents stock units held in the LNC DC SERP. The reporting person may transfer his Phantom Stock account into an alternative investment account at any time.
  5. Includes 995.54 stock units acquired through dividend reinvestment since the reporting person's last report.