SEC Form 4 · accession 0001214659-17-003640
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Chakraborty
Officer — EVP & Chief Digital Officer
Period of report
May 25, 2017
Accepted (ET)
May 26, 2017 · 5:14 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 StockF1 | May 25, 2017 | A | 26,195 | $0.00 | A | 26,195 | 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)F2 | $65.55 | May 25, 2017 | A | 15,270 | A | May 25, 2018 | May 25, 2027 | Common Stock | 15,270 | 15,270 | D |
Explanation of responses
- F1Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock. The restricted stock units vest on May 25, 2020.
- F2The option vested in three equal installments on May 25, 2018, 2019 and 2020.