Form 4 for LNC LINCOLN NATIONAL CORP

Accepted 2023-05-15 00:00:00 ET · period of report 2023-05-11 · accession 0001214659-23-007200 · 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
	2023-05-15	2023-05-11	LNC	KELLY GARY C	Dir	P - Purchase	$25.52	+7,838	15.0K	+109%	+$200.0K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Depositary Shares representing Series D Preferred Stock	2023-05-11	P	A	7,837.98	$25.52	15,006.55	D	—	—	(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.