Jamie Ohl - 13 May 2021 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
13 May 2021
Transactions value $
-$551,202
Form type
4
Filing time
17 May 2021, 16:37:56 UTC
Previous filing
13 May 2021
Next filing
19 Nov 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LNC Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$551,202 -8,012 -56% $68.8 6,416 13 May 2021 Common Stock 8,011 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 her Phantom Stock account into an alternative investment account at any time.
F2 Includes 693.75 stock units acquired through dividend reinvestment since the reporting person's last report.