Form 4 for LINC LINCOLN EDUCATIONAL SERVICES CORP

Accepted 2023-06-06 00:00:00 ET · period of report 2023-06-02 · accession 0001019056-23-000261 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2023-06-06	2023-06-02	LINC	Juniper Targeted Opportunities, LP	Former 10% Owner	J - Other	—	-835.8K	2.43M	-26%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, no par value per share	2023-06-02	J	D	835,844	—	2,426,870	I Juniper Targeted Opportunities L.P.	—	—	(F1) On June 2, 2023, Juniper Targeted Opportunities L.P. ("Juniper Targeted Opportunities") distributed 835,844 shares of Common Stock to certain of its limited partners based on their respective pro rata interest in such shares for no consideration. (F2) As the investment manager of Juniper Targeted Opportunities, Juniper Investment Company, LLC ("Juniper Investment Company") may be deemed to beneficially own the securities held by the Juniper Targeted Opportunities. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein. Mr. Bartholdson and another individual serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunities and as a result, Mr. Bartholdson shares voting and dispositive power over such shares with Juniper Investment Company and the other individual. Mr. Bartholdson disclaims beneficial ownership of the holdings of Juniper Targeted Opportunities reflected herein except to the extent of his pecuniary interest therein.