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Stock-Based Incentive Compensation Plans
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements [Abstract]  
Stock based incentive compensation plans

 

11. 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 during the first quarter of 2012 were as follows:

            
Awards   
10-year LNC stock options   828,674 
Performance shares  278,943 
SARs   80,225 
Restricted stock units  604,226 
Non-employee:   
 Agent stock options  99,268 
 Director stock options  51,140 
 Director restricted stock units  10,128