LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2016

Mar 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2016-02-25

Reporting Person: Meyers Brian K (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-25	Common Stock	F	2973	$2.38	Disposed	112051	Direct
2016-02-25	Common Stock	D	4441	—	Disposed	107610	Direct

Footnotes

F1: Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of 25% of the shares of restricted stock previously granted by the Issuer on December 18, 2014.

F2: Forfeiture of 25% of the performance-based restricted shares previously awarded on April 30, 2013.