Juniper Investment Company, LLC - Mar 14, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
10%+ Owner
Signature
Juniper Investment Company, LLC, By: /s/ John A. Bartholdson, its Managing Member
Stock symbol
LINC
Transactions as of
Mar 14, 2023
Transactions value $
-$83,580
Form type
4
Date filed
3/15/2023, 05:33 PM
Previous filing
Dec 1, 2022
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock, no par value per share Sale -$83.6K -14K -100% $5.97 0 Mar 14, 2023 Juniper Multi-Strategy Fund, L.P. F1, F2
holding LINC Common Stock, no par value per share 3.26M Mar 14, 2023 Juniper Targeted Opportunities Fund, L.P. F3
holding LINC Common Stock, no par value per share 2.36M Mar 14, 2023 Juniper Targeted Opportunity Fund, L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. The Reporting Persons undertake 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.
F2 As the investment manager of Juniper Multi-Strategy Fund, L.P. ("Juniper Multi-Strategy Fund") Juniper Investment Company, LLC ("Juniper Investment Company") may be deemed to beneficially own the securities held by the Juniper Multi-Strategy Fund. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein.
F3 As the investment manager of Juniper Targeted Opportunities Fund, L.P. ("Juniper Targeted Opportunities Fund"), Juniper Investment Company may be deemed to beneficially own the securities held by the Juniper Targeted Opportunities Fund. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein.
F4 As the investment manager of Juniper Targeted Opportunity Fund, L.P. ("Juniper Fund"), Juniper Investment Company may be deemed to beneficially own the securities held by the Juniper Fund. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein.