PONDER RON J 4
4 · LINCOLN NATIONAL CORP · Filed Jan 17, 2006
Insider Transaction Report
Form 4
PONDER RON J
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-01-12−3,000→ 0 totalExercise: $43.48Exp: 2011-03-08→ Common Stock (3,000 underlying) - Award
Employee Stock Option (Right to Buy)
2006-01-12+3,000→ 3,000 totalExercise: $43.48Exp: 2011-03-08→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]The two reported transactions involved an amendment of an outstanding option to permit the reporting person to exercise under circumstances for three months after board service, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 8, 2001 and provides for vesting in four equal annual installments commencing on March 8, 2002.
- [F2]The two reported transactions involved an amendment of an outstanding option to permit the reporting person to exercise under circumstances for three months after board service, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 14, 2002 and provides for vesting in four equal annual installments commencing on March 14, 2003.
- [F3]The two reported transactions involved an amendment of an outstanding option to permit the reporting person to exercise under circumstances for three months after board service, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 13, 2003 and provides for vesting in four equal annual installments commencing on March 13, 2004.
- [F4]The two reported transactions involved an amendment of an outstanding option to permit the reporting person to exercise under circumstances for three months after board service, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 11, 2004 and provides for vesting in four equal annual installments commencing on March 11, 2005.