James J. Burke Jr. - 10 Nov 2021 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role: Director
Signature: /s/ James J. Burke, Jr.
Issuer symbol: LINC
Transactions as of: 10 Nov 2021
Net transactions value: -$395,503
Form type: 4
Filing time: 12 Nov 2021, 17:35:33 UTC
Previous filing: 10 May 2021
Next filing: 15 Nov 2021
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	$284,403	-39,391	-98%	$7.22	609	10 Nov 2021	By IRA	F1
transaction	LINC	Common Stock	Sale	$4,391	-609	-100%	$7.21	0	11 Nov 2021	By IRA	F2
transaction	LINC	Common Stock	Sale	$15,105	-2,095	-1.3%	$7.21	160,494	11 Nov 2021	Direct	F2
transaction	LINC	Common Stock	Sale	$91,604	-12,776	-8%	$7.17	147,718	11 Nov 2021	Direct
holding	LINC	Common Stock						35,000	10 Nov 2021	by Trust

* 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 shares were purchased on November 10, 2021 in multiple transactions on the open market at prices ranging from $7.15 to $7.36. 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 purchased at each separate price within the range set forth in this footnote.
F2	The reported price is a weighted average price. The shares were purchased on November 11, 2021 in multiple transactions on the open market at prices ranging from $7.15 to $7.28. 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 purchased at each separate price within the range set forth in this footnote.

Content

The reported price is a weighted average price. The shares were purchased on November 10, 2021 in multiple transactions on the open market at prices ranging from $7.15 to $7.36. 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 purchased at each separate price within the range set forth in this footnote.

The reported price is a weighted average price. The shares were purchased on November 11, 2021 in multiple transactions on the open market at prices ranging from $7.15 to $7.28. 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 purchased at each separate price within the range set forth in this footnote.