UTTER LYNN M 4
4 · LINCOLN NATIONAL CORP · Filed Jul 5, 2023
Insider Transaction Report
Form 4
UTTER LYNN M
Director
Transactions
- Award
Phantom Stock Unit
2023-06-30$25.76/sh+2,668.87$68,750→ 36,527.23 total→ Common Stock (2,668.87 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 688.49 shares acquired through dividend reinvestment since the reporting person's last report.