SEC Form 4 · accession 0001214659-15-003584
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Buckingham
Officer — EVP & CHRO
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 4:34 pm EDT
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 | May 1, 2015 | M | 17,270 | $16.24 | A | 62,417 | D | |
| Common Stock | May 1, 2015 | M | 4,730 | $24.99 | A | 67,147 | D | |
| Common StockF2 | May 1, 2015 | S | 4,730 | $57.3466 | D | 62,417 | D | |
| Common StockF3 | May 1, 2015 | S | 17,270 | $57.3478 | D | 45,147 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $16.24 | May 1, 2015 | M | 17,270 | D | May 14, 2010 | May 14, 2019 | Common Stock | 17,270 | 0 | D |
| Employee Stock Option (right to buy) | $24.99 | May 1, 2015 | M | 4,730 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 4,730 | 23,367 | D |
Explanation of responses
- F1Includes 74.61 shares acquired through dividend reinvestment since the reporting person's last report.
- F2The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $57.325 to $57.37, 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 1 to this Form.
- F3The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $57.30 to $57.41, 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 2 to this Form.