Chad D. Nyce - Mar 8, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role: EVP & Chief Innovation Officer
Signature: /s/ Chad D. Nyce
Stock symbol: LINC
Transactions as of: Mar 8, 2023
Transactions value $: -$261,638
Form type: 4
Date filed: 3/9/2023, 05:49 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	-$262K	-42.6K	-20.88%	$6.14	161K	Mar 8, 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 March 8, 2023 in multiple transactions on the open market at prices ranging from $6.02 to $6.21. 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 March 8, 2023 in multiple transactions on the open market at prices ranging from $6.02 to $6.21. 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.