J Barry Morrow - 12 Jun 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
Director
Signature
/s/ J Barry Morrow
Issuer symbol
LINC
Transactions as of
12 Jun 2023
Net transactions value
-$146,581
Form type
4
Filing time
14 Jun 2023, 21:30:34 UTC
Previous filing
09 Jun 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale $74.17 -11 -0.01% $6.49 215,498 12 Jun 2023 Direct F1, F2
transaction LINC Common Stock Sale $73,482 -11,428 -5.3% $6.43 204,070 13 Jun 2023 Direct F1, F3
transaction LINC Common Stock Sale $73,025 -11,428 -5.6% $6.39 192,642 14 Jun 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.