SEC Form 4 · accession 0001214659-18-002078
LINCOLN NATIONAL CORP · LNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Buckingham
Officer — EVP & CHRO
Period of report
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 12:08 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 Stock | Mar 12, 2018 | M | 12,996 | $29.54 | A | 77,135 | D | |
| Common StockF1 | Mar 12, 2018 | S | 24,537 | $78.3906 | D | 52,598 | 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 | $29.54 | Mar 12, 2018 | M | 12,966 | D | Feb 28, 2014 | Feb 28, 2023 | Common Stock | 12,966 | 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 $78.30 to $78.51, 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.
- F2The option vested in three equal installments on February 28, 2014, 2015 and 2016.