SEC Form 4 · accession 0001214659-15-006685
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Avery
Director
Period of report
Sep 14, 2015
Accepted (ET)
Sep 15, 2015 · 5:27 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 Stock | Sep 14, 2015 | M | 30,272 | $0.00 | A | 39,349 | D | |
| Common Stock | Sep 14, 2015 | I | 30,272 | $49.55 | D | 9,077 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF2,F1 | — | Sep 14, 2015 | M | 30,272 | D | — | — | Common Stock | 30,272 | 4,588 | D |
Explanation of responses
- F1Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock. Represents stock units held in the LNC DC SERP that may be settled in Common Stock only. The reporting person may transfer his/her Phantom Stock account into an alternative investment account at any time.
- F2Includes 123.62 shares acquired through dividend reinvestment since the reporting person's last report.