LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2016

May 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2016-05-03

Reporting Person: Harbour Ronald Edward (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-03	Common Stock	A	26829	$2.05	Acquired	50952	Direct

Footnotes

F1: Grant of Restricted Stock valued at $55,000 on the date of grant. These restricted shares vest on the first anniversary of the grant date.