Filing Details
- Accession Number:
- 0001214659-14-007941
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-24 14:12:21
- Reporting Period:
- 2014-11-21
- Filing Date:
- 2014-11-24
- Accepted Time:
- 2014-11-24 14:12:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
59558 | Lincoln National Corp | LNC | Life Insurance (6311) | 351140070 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1280429 | E Mark Konen | 150 N. Radnor-Chester Road Radnor PA 19087 | President - Ins. Sol. And Ann. | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2014-11-21 | 5,442 | $57.60 | 0 | No | 4 | I | Indirect | By 401(k) |
Common Stock | Acquisiton | 2014-11-21 | 44,714 | $53.60 | 121,707 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-11-21 | 44,714 | $57.58 | 76,993 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-11-21 | 4,160 | $0.00 | 72,833 | No | 5 | G | Direct | |
Common Stock | Acquisiton | 2014-11-24 | 10,000 | $16.24 | 82,833 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-11-24 | 10,000 | $58.00 | 72,833 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | I | Indirect | By 401(k) |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 5 | G | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Phantom Stock Units | Disposition | 2014-11-21 | 5,973 | $57.69 | 5,973 | $0.00 |
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-11-21 | 44,714 | $0.00 | 44,714 | $53.60 |
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-11-24 | 10,000 | $0.00 | 10,000 | $16.24 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | I | Direct | ||
0 | 2007-02-13 | 2016-02-12 | No | 4 | M | Direct |
8,306 | 2010-05-14 | 2019-05-14 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 11,457 | Indirect | By Family Trust |
Footnotes
- The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $57.45 to $57.68, 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.
- These shares were sold pursuant to a stock trading plan adopted June 9, 2014 in accordance with Rule 10b5-1.
- Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.
- Represents Phantom Stock Units acquired in the LNC DC SERP in accordance with the officer's election. These shares were transferred into alternative investment accounts in the LNC DC SERP at the discretion of the officer.
- The option vested in three equal installments on February 13, 2007, 2008 and 2009.
- The option vested in three equal installments on May 14, 2010, 2011 and 2012.