LINCOLN NATIONAL CORP 4
4 · LINCOLN NATIONAL CORP · Filed Jul 2, 2015
Insider Transaction Report
Form 4
AVERY WILLIAM J
Director
Transactions
- Award
Phantom Stock Unit
2015-06-30$59.22/sh+679.67$40,250→ 28,641.82 total→ Common Stock (679.67 underlying)
Footnotes (3)
- [F1]Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.
- [F2]Quarterly payment of board retainer and fees in shares of phantom stock accrued under the Deferred Compensation Plan for Non-Employee Directors (the "Plan"), which are payable solely in shares of the Company's common stock at resignation or retirement. The reporting person may transfer his/her Phantom Stock account into an alternative investment account at any time.
- [F3]Includes 96.94 shares acquired through dividend reinvestment since the reporting person's last report.