J. Barry Morrow - Jun 15, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role: Director
Signature: /s/J. Barry Morrow
Stock symbol: LINC
Transactions as of: Jun 15, 2023
Transactions value $: -$74
Form type: 4
Date filed: 6/15/2023, 05:55 PM
Previous filing: Jun 14, 2023
Next filing: Aug 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LINC	Common Stock	Sale	-$74	-11.4	-0.01%	$6.49	181K	Jun 15, 2023	Direct	F1, F2

* 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 15, 2023 in multiple transactions on the open market at prices ranging from $6.40 to $6.59. 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.

Content

The Reporting Person's sale of shares was completed in connection with his financial planning needs.

The reported price is a weighted average price. The shares were sold on June 15, 2023 in multiple transactions on the open market at prices ranging from $6.40 to $6.59. 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.