Form 4 for LNC LINCOLN NATIONAL CORP
Accepted 2023-05-26 00:00:00 ET · period of report 2023-05-24 · accession 0001214659-23-007867 · 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 | 2023-05-26 | 2023-05-24 | LNC | Woodroffe Sean | EVP, Ch Ppl Culture Comms Offf | A - Grant | $0.00 | +246.2K | 246.2K | New | $0 |
| D | 2023-05-26 | 2023-05-24 | LNC | Woodroffe Sean | EVP, Ch Ppl Culture Comms Offf | A - Grant | $0.00 | +48.5K | 48.5K | New | $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 | 2023-05-24 | A | A | 22,717 | $0.00 | 22,717 | D | — | — | (F1) Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on May 24, 2026. |
| 2 | Common | Common Stock | 2023-05-24 | A | A | 223,522 | $0.00 | 246,239 | D | — | — | (F2) Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest as follows: 40% on May 24, 2024, 30% on May 24, 2025, and the remaining 30% on May 24, 2026. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2023-05-24 | A | A | 48,493 | $0.00 | 48,493 | D | $21.13 · 2024-05-24 to 2033-05-24 | 48,493 Common Stock | (F3) The option vests in three equal installments on May 24, 2024, 2025 and 2026. |