Brian K. Meyers - May 11, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
CFO and Treasurer
Signature
/s/ Brian K Meyers
Stock symbol
LINC
Transactions as of
May 11, 2023
Transactions value $
-$681,855
Form type
4
Date filed
5/12/2023, 07:09 PM
Previous filing
Mar 6, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale -$191K -30K -8.06% $6.36 343K May 11, 2023 Direct F1, F2
transaction LINC Common Stock Sale -$491K -76K -22.18% $6.46 267K May 12, 2023 Direct F1, F3
* 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 May 11, 2023 in multiple transactions on the open market at prices ranging from $6.22 to $6.46. 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 May 12, 2023 in multiple transactions on the open market at prices ranging from $6.39 to $6.54. 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.