LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2010

Mar 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2010-03-12

Reporting Person: RIBEIRO CESAR (SVP, CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-12	Common Stock	M	12542	$11.96	Acquired	87904	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-12	Employee Stock Option (right to buy)	$11.96	M	4181	Disposed	2017-02-28	Common Stock (4181)	Direct
2010-03-12	Employee Stock Option (right to buy)	$11.96	M	4181	Disposed	2017-02-28	Common Stock (4181)	Direct
2010-03-12	Employee Stock Option (right to buy)	$11.96	M	4180	Disposed	2017-02-28	Common Stock (4180)	Direct