SEC Form 4 · accession 0001214659-18-001511
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
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 4:47 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 21, 2018 | A | 3,250 | $0.00 | A | 29,751 | 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)F3 | $78.32 | Feb 21, 2018 | A | 13,313 | A | Feb 21, 2019 | Feb 21, 2028 | Common Stock | 13,313 | 13,313 | D |
Explanation of responses
- F1Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock that vest on February 21, 2021.
- F2Includes 305.57 shares acquired through dividend reinvestment since the reporting person's last report.
- F3The option vests in three equal annual installments on February 21, 2019, 2020 and 2021.