Sec Form 4 Filing - KONEN MARK E @ LINCOLN NATIONAL CORP - 2013-02-28

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person KONEN MARK E 2. Issuer Name and Ticker or Trading Symbol LINCOLN NATIONAL CORP [ LNC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President - Ins. Sol. & Ann. (Last) (First) (Middle) 150 N. RADNOR-CHESTER ROAD 3. Date of Earliest Transaction (MM/DD/YY) 02/28/2013 (Street) RADNOR, PA19087 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/28/2013 A 14,954 ( 1 ) A $ 0 78,799.7 D Common Stock 03/04/2013 S 1,050 ( 2 ) D $ 29.93 77,749.7 D Common Stock 03/04/2013 S 500 ( 2 ) D $ 29.9301 77,249.7 D Common Stock 03/04/2013 S 195 ( 2 ) D $ 29.9325 77,054.7 D Common Stock 03/04/2013 S 2,883 ( 2 ) D $ 29.935 74,171.7 D Common Stock 03/04/2013 S 256 ( 2 ) D $ 29.938 73,915.7 D Common Stock 03/04/2013 S 100 ( 2 ) D $ 29.94 73,815.7 D Common Stock 5,425.96 ( 3 ) I By 401(k) Common Stock 68,457 I By family trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 29.54 02/28/2013 A 72,795 02/28/2014( 4 ) 02/28/2023 Common Stock 72,795 $ 0 72,795 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KONEN MARK E 150 N. RADNOR-CHESTER ROAD RADNOR, PA19087 President - Ins. Sol. & Ann. Signatures /s/ Charles A. Brawley, III, Attorney-in-Fact 03/04/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Grant of restricted stock units representing a contingent right to receive shares of LNC common Stock. The restricted stock units vest on February 28, 2016. ( 2 )The reporting person engaged in the open market sale of these shares to cover additional taxes owed with respect to the restricted stock units that vested on February 22, 2013. ( 3 )Represents routine transactions in the Company's 401(k) Plan from 2/1/2013 to 3/1/2013. ( 4 )The option vests ratably over 3 years beginning on the first anniversary of the grant 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 4(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).

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