Form 4 for LNC LINCOLN NATIONAL CORP
Accepted 2021-11-12 00:00:00 ET · period of report 2021-11-11 · accession 0001214659-21-011606 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-12 | 2021-11-11 | LNC | Kennedy John Christopher | EVP, Pres LFD | M - OptEx | $54.33 | +10.9K | 23.6K | +86% | +$593.4K |
| D | 2021-11-12 | 2021-11-11 | LNC | Kennedy John Christopher | EVP, Pres LFD | S - Sale+OE | $73.52 | -10.9K | 12.7K | -46% | -$803.0K |
| DM | 2021-11-12 | 2021-11-11 | LNC | Kennedy John Christopher | EVP, Pres LFD | M - OptEx | $0.00 | -10.9K | 2,495 | -81% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-11 | M | A | 3,236 | $35.50 | 15,959.51 | D | — | — | (F1) Includes 161.53 stock units acquired through dividend reinvestment since the reporting person's last report. |
| 2 | Common | Common Stock | 2021-11-11 | M | A | 4,990 | $63.01 | 20,949.51 | D | — | — | |
| 3 | Common | Common Stock | 2021-11-11 | M | A | 2,696 | $60.86 | 23,645.51 | D | — | — | |
| 4 | Common | Common Stock | 2021-11-11 | S | D | 10,922 | $73.52 | 12,723.51 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.50 to $73.52, 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 2. |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-11 | M | D | 3,236 | $0.00 | 0 | D | $35.50 · 2017-02-24 to 2026-02-24 | 3,236 Common Stock | (F4) The option vested in three equal installments on February 24, 2017, 2018 and 2019. |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-11 | M | D | 2,696 | $0.00 | 5,390 | D | $60.86 · 2021-02-19 to 2030-02-19 | 2,696 Common Stock | (F6) The option vests in three equal installments on February 19, 2021, 2022 and 2023. |
| 7 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-11 | M | D | 4,990 | $0.00 | 2,495 | D | $63.01 · 2020-02-27 to 2029-02-27 | 4,990 Common Stock | (F5) The option vests in three equal installments on February 27, 2020, 2021 and 2022. |