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LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2024
Feb 26, 2024
32475_dirs_2024-02-26_08189f4a-0143-4330-a68a-3cc37be0b04e.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: 2024-02-22
Reporting Person: Meyers Brian K (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-22 | Common Stock | A | 51976 | — | Acquired | 318621 | Direct |
Footnotes
F1: The reporting person was granted 51,976 shares of restricted common stock under the Lincoln Educational Services Corporation's 2020 Long-Term Incentive Plan. Fifty percent of the grant is subject to time-based vesting while the remaining fifty percent of the grant is subject to performance-based vesting requiring the reporting person's achievement of metrics set by the registrant annually. In both cases, the shares will vest, if at all, in substantially equal annual tranches over three years beginning on March 1, 2025.
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