SEC Form 4 · accession 0001214659-17-002000
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Isaiah Tidwell
Director
Period of report
Mar 15, 2017
Accepted (ET)
Mar 16, 2017 · 11:43 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000059558
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3,F1,F2 | — | Mar 15, 2017 | I | 4,014 | D | — | — | Common Stock | 4,014 | 28,411 | 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 Deferred Compensation Plan for Non-Employee Directors 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.
- F2Represents Phantom Stock Units acquired in the LNC Deferred Compensation Plan for Non-Employee Directors as a portion the director's retainer. The acquisition of these Phantom Stock Units occurred quarterly.
- F3Includes 135.87 shares acquired through dividend reinvestment since the reporting person's last report.