Form 4 for LINC LINCOLN EDUCATIONAL SERVICES CORP
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001286613-24-000012 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-05 | 2024-03-01 | LINC | SHAW SCOTT M | CEO, Dir | F - Tax | $10.00 | -99.8K | 1.09M | -8% | -$997.5K |
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 | 2024-03-01 | F | D | 29,149 | $10.00 | 1,124,249 | D | — | — | (F1) Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based restricted stock granted by the Issuer on February 25, 2021. |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 32,690 | $10.00 | 1,053,647 | D | — | — | (F3) Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of performance-based shares and time-based shares of restricted stock previously granted by the Issuer on February 23, 2023. |
| 3 | Common | Common Stock | 2024-03-01 | F | D | 37,912 | $10.00 | 1,086,337 | D | — | — | (F2) Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on February 23, 2022. |