Home/Filings/4/0001214659-21-002421
4//SEC Filing

Freitag Randal J 4

Accession 0001214659-21-002421

CIK 0000059558other

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 4:27 PM ET

Size

12.3 KB

Accession

0001214659-21-002421

Insider Transaction Report

Form 4
Period: 2021-02-24
Transactions
  • Exercise/Conversion

    Common Stock

    2021-02-24$24.99/sh+52,198$1,304,428256,618.47 total
  • Sale

    Common Stock

    2021-02-24$59.68/sh52,198$3,115,177204,420.47 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2021-02-2452,1980 total
    Exercise: $24.99From: 2013-02-22Exp: 2022-02-22Common Stock (52,198 underlying)
  • Discretionary Transaction

    Phantom Stock Units

    2021-02-24$59.40/sh28,535.11$1,694,9860 total
    Common Stock (28,535.11 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    750.15
Footnotes (5)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.61 to $59.90, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
  • [F2]Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 2/1/2021.
  • [F3]The option vested in three equal installments on February 22, 2013, 2014 and 2015.
  • [F4]Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock. Represents stock units held in the LNC DC SERP. The reporting person may transfer his Phantom Stock account into an alternative investment account at any time.
  • [F5]Includes 995.54 stock units acquired through dividend reinvestment since the reporting person's last report.

Issuer

LINCOLN NATIONAL CORP

CIK 0000059558

Entity typeother

Related Parties

1
  • filerCIK 0001509209

Filing Metadata

Form type
4
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 4:27 PM ET
Size
12.3 KB