Form 4 for LINC LINCOLN EDUCATIONAL SERVICES CORP
Accepted 2023-06-14 00:00:00 ET · period of report 2023-06-12 · accession 0001019056-23-000270 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-06-14 | 2023-06-12+ | LINC | Bartholdson John A. | Dir, 10% | S - Sale | $6.49 | -155.7K | 2.32M | -6% | -$1.01M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, no par value per share | 2023-06-13 | S | D | 46,849 | $6.47 | 2,271,182 | I Juniper Targeted Opportunities L.P. | — | — | (F3) Represents the weighted average per share price with a range from $6.45 and $6.63. The Reporting Person undertakes to provide details of the trades to the Issuer or the SEC ("SEC") upon request. (F2) As the investment manager of Juniper Targeted Opportunities, L.P. ("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. |
| 2 | Common | Common Stock, no par value per share | 2023-06-12 | S | D | 108,839 | $6.50 | 2,318,031 | I Juniper Targeted Opportunities L.P. | — | — | (F1) Represents the weighted average per share price with a range from $6.45 and $6.615. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission ("SEC") upon request. (F2) As the investment manager of Juniper Targeted Opportunities, L.P. ("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. |