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LNC > SEC Filings for LNC > Form 8-K on 26-Jun-2009All Recent SEC Filings

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Form 8-K for LINCOLN NATIONAL CORP


26-Jun-2009

Other Events


Item 8.01. Other Events.

As previously disclosed in our filings with the Securities and Exchange Commission, in connection with our issuance and sale of 40,000,000 shares (the "Firm Securities") of our common stock, no par value per share (the "Common Stock"), we entered into an Underwriting Agreement, dated June 16, 2009 (the "Underwriting Agreement"), with J.P. Morgan Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives (the "Representatives") for the several underwriters named therein (the "Underwriters"). Pursuant to the terms of the Underwriting Agreement, the Underwriters had a 30-day option to purchase an additional 6,000,000 shares of our Common Stock (the "Option Securities"). On June 22, 2009, the Representatives exercised in full their option to purchase the Option Securities. We completed the issuance and sale of the Option Securities on June 25, 2009 at the same per share price to the public ($15.00) and the same per share price to the Underwriters ($14.34) as the Firm Securities.


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