SEC Form 4 · accession 0001214659-17-000847
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 6, 2017
Accepted (ET)
Feb 8, 2017 · 3:41 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 6, 2017 | M | 225 | — | A | 115,918 | D | |
| Common StockF3 | holding | — | — | — | 682 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1,F4 | — | Feb 6, 2017 | M | 225 | D | — | Feb 6, 2017 | Common Stock | 225 | 226 | D |
Explanation of responses
- F1On February 6, 2017, the reporting person received 225 shares of LNC common stock in settlement of an equal number of shares of phantom stock held pursuant to LNC deferred compensation plan.
- F2Includes 142.20 shares acquired through dividend reinvestment since the reporting person's last report.
- F3Represents routine transactions in the Company's 401(k) Plan from 12/1/2016 to 2/1/2017.
- F4Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.