JOHNSON ERIC G 4
4 · LINCOLN NATIONAL CORP · Filed Jan 3, 2024
Insider Transaction Report
Form 4
JOHNSON ERIC G
Director
Transactions
- Award
Phantom Stock Unit
2023-12-29$26.97/sh+1,529.48$41,250→ 74,593.3 total→ Common Stock (1,529.48 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]Reflects a correction to the number of shares reported as acquired through dividend reinvestment in certain prior periods, which due to an administrative error had been overstated by 2,404.29 shares in the aggregate, and includes 1,502 shares acquired through dividend reinvestment since the reporting person's last report.