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LINCOLN NATIONAL CORP — Director's Dealing 2016
Apr 4, 2016
30767_dirs_2016-04-04_cf67d55b-6a2d-4455-8d78-4d1ebbf71bf2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LINCOLN NATIONAL CORP (LNC)
CIK: 0000059558
Period of Report: 2016-03-31
Reporting Person: LACHMAN M LEANNE (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-31 | Phantom Stock Unit | $ | A | 1026.79 | Acquired | Common Stock (1026.79) | Direct |
Footnotes
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 174.69 shares acquired through dividend reinvestment since the reporting person's last report.