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Stock-Based Incentive Compensation Plans
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements [Abstract]  
Stock based incentive compensation plans

 

12. Stock-Based Incentive Compensation Plans

 

We sponsor various incentive plans for our employees and directors and for the employees and agents of our subsidiaries that provide for the issuance of stock options, performance shares (performance-vested shares as opposed to time-vested shares), stock appreciation rights (“SARs”) and restricted stock units. We have a policy of issuing new shares to satisfy option exercises.

 

LNC stock-based awards granted were as follows:

         For the For the 
         Three Nine 
         Months Months 
         Ended Ended 
         September 30, September 30, 
         2012 2012 
Awards        
10-year LNC stock options   33,292    903,502  
Performance shares  11,698    306,456  
SARs   -    80,225  
Restricted stock units  44,191    730,421  
Non-employee:        
 Agent stock options  -    99,113  
 Director stock options  -    51,140  
 Director restricted stock units  11,037    33,383