SEC Form 4 · accession 0001214659-16-009863
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Konen
Officer — President - Ins. Sol. and Ann.
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 4:20 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 24, 2016 | A | 38,744 | $0.00 | A | 98,159 | D | |
| Common StockF3 | Feb 24, 2016 | A | 14,721 | $0.00 | A | 112,880 | 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)F4 | $35.50 | Feb 24, 2016 | A | 55,441 | A | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 55,441 | 55,441 | D |
Explanation of responses
- F1Represents settlement of performance share incentive awards for the 2013-2015 performance cycle.
- F2Includes 209.21 shares acquired through dividend reinvestment since the reporting person's last report.
- F3Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock. The restricted stock units vest on February 24, 2018.
- F4The option vests in three equal annual installments on February 24, 2017, 2018 and 2019.