LINCOLN NATL CORP IND

Ticker: LNC CUSIP: 534187109 Class: EQTY

Tradewinds Capital Management, LLC's Holding History (CIK: 0001616026)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 45 Value ($000) $2 Avg Close $35.70 Range $30.96 - $39.26

Q3 2015

Shares 45 Value ($000) $2 Avg Close $36.43 Range $31.10 - $41.45

Q2 2015

Shares 45 Value ($000) $3 Avg Close $39.64 Range $37.76 - $42.04

Q1 2015

Shares 45 Value ($000) $3 Avg Close $37.68 Range $33.63 - $41.06

Q4 2014

Shares 45 Value ($000) $3 Avg Close $36.59 Range $30.42 - $39.78

Q3 2014

Shares 45 Value ($000) $2 Avg Close $35.63 Range $33.57 - $37.88

Q2 2014

Shares 45 Value ($000) $2 Avg Close $33.01 Range $30.48 - $35.48

Q1 2014

Shares 45 Value ($000) $2 Avg Close $33.47 Range $30.44 - $35.47

Q4 2013

Shares 95 Value ($000) $5 Avg Close $31.80 Range $27.12 - $34.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	45	$2	$35.70	$30.96 - $39.26
Q3 2015	45	$2	$36.43	$31.10 - $41.45
Q2 2015	45	$3	$39.64	$37.76 - $42.04
Q1 2015	45	$3	$37.68	$33.63 - $41.06
Q4 2014	45	$3	$36.59	$30.42 - $39.78
Q3 2014	45	$2	$35.63	$33.57 - $37.88
Q2 2014	45	$2	$33.01	$30.48 - $35.48
Q1 2014	45	$2	$33.47	$30.44 - $35.47
Q4 2013	95	$5	$31.80	$27.12 - $34.71