Form 4 for LINC LINCOLN EDUCATIONAL SERVICES CORP
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0001567619-23-004503 · 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 | 2023-03-06 | 2023-03-02 | LINC | SHAW SCOTT M | CEO, Dir | F - Tax | $6.00 | -64.2K | 1.11M | -5% | -$385.5K |
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 | 2023-03-02 | F | D | 12,640 | $6.00 | 1,093,658 | 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 one-third of the time-based restricted stock previously granted by the Issuer on February 23, 2022. |
| 2 | Common | Common Stock | 2023-03-02 | F | D | 51,606 | $6.00 | 1,106,298 | 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 50% of the performance-based restricted stock previously granted by the Issuer on February 20, 2020. |