KELLY GARY C 4
4 · LINCOLN NATIONAL CORP · Filed Apr 2, 2024
Insider Transaction Report
Form 4
KELLY GARY C
Director
Transactions
- Award
Phantom Stock Unit
2024-03-31$31.93/sh+1,409.33$45,000→ 58,233.67 total→ Common Stock (1,409.33 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 947.42 shares acquired through dividend reinvestment since the reporting person's last report.