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LINCOLN EDUCATIONAL SERVICES CORP Director's Dealing 2023

Jun 15, 2023

32475_dirs_2023-06-14_c9255baf-ee77-4732-b6ed-02e588235263.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2023-06-12

Reporting Person: Morrow J Barry (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-12 Common Stock S 11.428 $6.49 Disposed 215498 Direct
2023-06-13 Common Stock S 11428 $6.43 Disposed 204070 Direct
2023-06-14 Common Stock S 11428 $6.39 Disposed 192642 Direct

Footnotes

F1: The Reporting Person's sale of shares was completed in connection with his financial planning needs.

F2: The reported price is a weighted average price. The shares were sold on June 12, 2023 in multiple transactions on the open market at prices ranging from $6.41 to $6.60. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The reported price is a weighted average price. The shares were sold on June 13, 2023 in multiple transactions on the open market at prices ranging from $6.29 to $6.63. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The reported price is a weighted average price. The shares were sold on June 14, 2023 in multiple transactions on the open market at prices ranging from $6.25 to $6.52. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.