SEC Form 4 · accession 0001214659-15-001643
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randal J Freitag
Officer — EVP & CFO
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000059558
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 20, 2015 | F | 4,496 | $58.51 | D | 56,753 | D | |
| Common StockF3,F4 | Feb 24, 2015 | S | 3,000 | $58.2338 | D | 53,753 | D | |
| Common StockF5 | holding | — | — | — | 657 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Tax withholding upon vesting of restricted stock units.
- F2Includes 248.55 shares acquired through dividend reinvestment since the reporting person's last report.
- F3The reporting person engaged in the open market sale of these shares to cover additional taxes owed with respect to shares that vested.
- F4The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $57.88 to $58.52, 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 footnote 3 to this Form.
- F5Represents routine transactions in the Company's 401(k) Plan from 9/2/2014 to 2/1/2015.