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Filing Details

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
1309344	John Frederick Crawford	150 N. Radnor-Chester Road Radnor PA 19087	Evp & Head Corp Dev & Inv	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2011-05-02	18,877	$31.63	137,725	No	4	S	Direct
Common Stock	Disposition	2011-05-02	9,559	$31.60	128,166	No	4	S	Direct
Common Stock	Disposition	2011-05-02	6,564	$31.59	121,602	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,233	Indirect	By 401(k)

Footnotes

The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $31.47 to $31.7525, 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.
Includes 127.07 shares acquired through dividend reinvestment since the reporting person's last report.
Represents routine transactions in the Company's 401(k) Plan from 3/1/2011 to 5/1/2011.