LINCOLN NATIONAL CORP 4
4 · LINCOLN NATIONAL CORP · Filed Oct 2, 2015
Insider Transaction Report
Form 4
AVERY WILLIAM J
Director
Transactions
- Award
Phantom Stock Unit
2015-09-30$47.46/sh+848.08$40,250→ 1,713.78 total→ Common Stock (848.08 underlying)
Footnotes (2)
- [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.