LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2020-02-20

Reporting Person: SHAW SCOTT M (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	A	200000	—	Acquired	810418	Direct

Footnotes

F1: The reporting person was granted 200,000 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.