Juniper Investment Company, LLC - Aug 12, 2024 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
Aug 12, 2024
Transactions value $
-$243,589
Form type
4
Date filed
8/14/2024, 05:30 PM
Previous filing
Jun 4, 2024
Next filing
Aug 19, 2024

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 -$22.9K -1.91K -0.2% $12.00 954K Aug 12, 2024 Juniper Targeted Opportunities L.P. F1, F2
transaction LINC Common Stock, no par value per share Sale -$16.2K -1.35K -0.14% $12.00 953K Aug 13, 2024 Juniper Targeted Opportunities L.P. F2
transaction LINC Common Stock, no par value per share Sale -$205K -17K -1.79% $12.01 936K Aug 14, 2024 Juniper Targeted Opportunities L.P. F2, F4
holding LINC Common Stock, no par value per share 2.36M Aug 12, 2024 Juniper Targeted Opportunities L.P. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average per share price with a range from $12.000 and $12.010. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.
F2 As the investment manager of Juniper Targeted Opportunities, L.P. ("Juniper Targeted Opportunities"), Juniper Investment Company, LLC ("Juniper Investment Company") may be deemed to beneficially own the securities held by the Juniper Targeted Opportunities. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein. Mr. John A. Bartholdson and Mr. Alexis P. Michas serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunities and as a result, Mr. Bartholdson and Mr. Michas share voting and dispositive power over such shares with Juniper Investment Company. Each of Mr. Bartholdson and Mr. Michas disclaims beneficial ownership of the holdings of Juniper Targeted Opportunities reflected herein except to the extent of his pecuniary interest therein.
F3 As the investment manager of Juniper Targeted Opportunity Fund, L.P. ("Juniper Targeted Opportunity Fund"), Juniper Investment Company may be deemed to beneficially own the securities held by the Juniper Targeted Opportunity Fund. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein. Mr. Bartholdson and Mr. Michas serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunity Fund and as a result, each of Mr. Bartholdson and Mr. Michas shares voting and dispositive power over such shares with Juniper Investment Company. Each of Mr. Bartholdson and Mr. Michas disclaims beneficial ownership of the holdings of Juniper Targeted Opportunity Fund reflected herein except to the extent of his pecuniary interest therein.
F4 Represents the weighted average per share price with a range from $12.000 and $12.085. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.