Jennifer Warne Krow Form 3 LINCOLN NATIONAL / Jennifer Warne Krow ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Krow Jennifer Warne

(Last) (First) (Middle)

150 N. RADNOR CHESTER RD

(Street)

RADNOR PA 19087

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/22/2021

3. Issuer Name and Ticker or Trading Symbol
LINCOLN NATIONAL CORP [ LNC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, Chief People Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	11,705	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	(1)	02/22/2027	Common Stock	3,501	71.7	D
Employee Stock Option (Right to Buy)	(2)	02/21/2028	Common Stock	3,705	78.32	D
Employee Stock Option (Right to Buy)	(3)	02/27/2029	Common Stock	6,736	63.01	D
Employee Stock Option (Right to Buy)	(4)	02/19/2030	Common Stock	7,275	60.86	D
Employee Stock Option (Right to Buy)	(5)	02/17/2031	Common Stock	5,798	54.52	D
Phantom Stock Units	(6)	(6)	Common Stock	2,098.03	(6)	D

Explanation of Responses:

1. The option vested in three equal installments on February 22, 2018, 2019 and 2020.

2. The option vested in three equal installments on February 21, 2019, 2020 and 2021.

3. The option vests in three equal installments on February 27, 2020, 2021 and 2022.

4. The option vests in three equal installments on February 19, 2021, 2022 and 2023.

5. The option vests in three equal installments on February 17, 2022, 2023 and 2024.

6. 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 her Phantom Stock account into an alternative investment account at any time.

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	06/30/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.