LINCOLN NATIONAL CORP 4
4 · LINCOLN NATIONAL CORP · Filed Jan 4, 2016
Insider Transaction Report
Form 4
AVERY WILLIAM J
Director
Transactions
- Award
Phantom Stock Unit
2015-12-31$50.26/sh+800.84$40,250→ 2,520.89 total→ Common Stock (800.84 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 6.27 shares acquired through dividend reinvestment since the reporting person's last report.