LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2017

May 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2017-05-18

Reporting Person: Meyers Brian K (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-18	Common Stock	S	200	$3.11	Disposed	169449	Direct
2017-05-18	Common Stock	S	1000	$3.12	Disposed	168449	Direct
2017-05-18	Common Stock	S	45400	$3.10	Disposed	123049	Direct
2017-05-18	Common Stock	S	400	$3.06	Disposed	122649	Direct
2017-05-18	Common Stock	S	495	$3.05	Disposed	122154	Direct
2017-05-18	Common Stock	S	100	$3.07	Disposed	122054	Direct
2017-05-18	Common Stock	S	989	$3.04	Disposed	121065	Direct
2017-05-18	Common Stock	S	1300	$3.03	Disposed	119765	Direct
2017-05-18	Common Stock	S	116	$3.02	Disposed	119649	Direct