Filing Details
- Accession Number:
- 0001214659-17-001350
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-24 16:13:25
- Reporting Period:
- 2017-02-22
- Filing Date:
- 2017-02-24
- Accepted Time:
- 2017-02-24 16:13:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1509209 | J Randal Freitag | 150 N. Radnor-Chester Road Radnor PA 19087 | Evp & Cfo | 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 | Acquisiton | 2017-02-22 | 20,780 | $0.00 | 136,698 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-02-22 | 9,372 | $71.70 | 127,326 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-02-22 | 8,741 | $0.00 | 136,067 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-02-23 | 2,275 | $71.83 | 133,792 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2017-02-22 | 32,502 | $0.00 | 32,502 | $71.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 32,502 | 2018-02-22 | 2027-02-22 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 682 | Indirect | By 401(k) |
Footnotes
- Represents settlement of performance share incentive awards for the 2014-2016 performance cycle.
- Tax withholding upon vesting of performance shares.
- Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock. The restricted stock units vest on February 22, 2019.
- The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $71.832 to $71.838, 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 4 to this Form.
- The option vests in three equal annual installments on February 22, 2018, 2019 and 2020.
Billionaire Hedge Funds
