PITTARD PATRICK S 4
4 · LINCOLN NATIONAL CORP · Filed Oct 2, 2019
Insider Transaction Report
Form 4
PITTARD PATRICK S
Director
Transactions
- Award
Phantom Stock Unit
2019-09-30$60.32/sh+683.85$41,250→ 12,653.29 total→ Common Stock (683.85 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 73.58 shares acquired through dividend reinvestment since the reporting person's last report.