SEC Form 4 · accession 0001214659-16-014893
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Leanne Lachman
Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 4:56 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 Stock | Nov 21, 2016 | M | 5,499 | $52.76 | A | 5,499 | D | |
| Common StockF1 | Nov 21, 2016 | S | 5,499 | $63.2086 | D | 0 | 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) | $30.64 | Nov 21, 2016 | M | 5,499 | D | Feb 7, 2009 | Feb 7, 2018 | Common Stock | 5,499 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $63.20 to $31.255, 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.