Ronald E. Harbour - 15 Nov 2021 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role: Director
Signature: /s/ Ronald E. Harbour
Issuer symbol: LINC
Transactions as of: 15 Nov 2021
Net transactions value: -$220,200
Form type: 4
Filing time: 17 Nov 2021, 16:00:56 UTC
Previous filing: 08 Sep 2021
Next filing: 08 Dec 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	$220,200	-30,000	-40%	$7.34	44,555	15 Nov 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 30,000 shares sold are held by the Ronald E. Harbour Living Trust, dated June 9, 1988, as amended, of which the reporting person is the sole trustee and beneficiary.
F2	The reported price is a weighted average price. The shares were sold on November 15, 2021 in multiple transactions on the open market at prices ranging from $7.32 to $7.35. 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 30,000 shares sold are held by the Ronald E. Harbour Living Trust, dated June 9, 1988, as amended, of which the reporting person is the sole trustee and beneficiary.

The reported price is a weighted average price. The shares were sold on November 15, 2021 in multiple transactions on the open market at prices ranging from $7.32 to $7.35. 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.