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
Freitag Randal J
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2021-02-24$24.99/sh+52,198$1,304,428→ 256,618.47 total - Sale
Common Stock
2021-02-24$59.68/sh−52,198$3,115,177→ 204,420.47 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-02-24−52,198→ 0 totalExercise: $24.99From: 2013-02-22Exp: 2022-02-22→ Common Stock (52,198 underlying) - Discretionary Transaction
Phantom Stock Units
2021-02-24$59.40/sh−28,535.11$1,694,986→ 0 total→ Common Stock (28,535.11 underlying)
Holdings
- 750.15(indirect: By 401(k))
Common Stock
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.
Documents
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