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LINCOLN EDUCATIONAL SERVICES CORP Director's Dealing 2014

Aug 16, 2014

32475_dirs_2014-08-15_bc795e55-6f71-4400-8590-3f806f6a73e9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2014-08-12

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-08-12 Common Stock S 31402 $2.17 Disposed 274973 Direct
2014-08-13 Common Stock S 9454 $2.22 Disposed 265519 Direct
2014-08-14 Common Stock S 9315 $2.40 Disposed 256204 Direct
2014-08-14 Common Stock S 4785 $2.49 Disposed 251419 Direct

Footnotes

F1: This sale resulted from a margin call by the reporting person's broker.