HENDERSON GEORGE W III 4
4 · LINCOLN NATIONAL CORP · Filed Jan 3, 2020
Insider Transaction Report
Form 4
HENDERSON GEORGE W III
Director
Transactions
- Award
Phantom Stock Unit
2019-12-31$59.01/sh+699.03$41,250→ 48,301.78 total→ Common Stock (699.03 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 301.64 shares acquired through dividend reinvestment since the reporting person's last report.