LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2020

Mar 4, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2020-02-28

Reporting Person: Nyce Chad D (Chief Innovation Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	120000	Direct

Footnotes

F1: In connection with joining the Company as Chief Innovation Officer, the reporting person was granted 120,000 shares of restricted common stock under the Lincoln Educational Services Corporation's Amended and Restated 2005 Long-Term Incentive Plan, which shall vest 20% on March 15, 2021, 30% on March 15, 2022 and 50% on March 15, 2023, subject to the achievement of annual performance criteria. If an annual target is not met, the shares may vest cumulatively based on the achievement of cumulative economic targets.