The award goes to the NHL's most outstanding player, as voted by members of the National Hockey League Players' Association.
The Lester B. Pearson Award was renamed in Lindsay's honour two years ago and has been handed out since the 1970-71 season.
The winner will be announced at the NHL awards in Las Vegas on June 20.
Lundqvist appeared in 62 games this season, leading the New York Rangers to their best regular season record since 1993-94.
He set career-best marks in save percentage (.930) and goals-against average (1.97). Lundqvist also set a career-high in wins (39), finishing third in the category, and tied for third among goaltenders in shutouts with eight.
Malkin led all NHL players in regular season scoring (109 points) to earn his second Art Ross Trophy. He finished with more than 100 points in a season for the third time in his career, while finishing third in assists (59) and second in goals (a career-high 50). He also led the league in shots (339) and tied for fourth in game-winning goals (nine).
Stamkos led the league in goals for the second time in his career to become only the 19th player in NHL history to record 60 goals in a season. He also finished second in points (97), tied for first with Radim Vrbata for the most game-winning goals (12) and scored an NHL record five overtime goals.