SEC Form 4 · accession 0001140361-16-089000
LINCOLN EDUCATIONAL SERVICES CORP · LINC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M Shaw
Officer — CEO
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 3:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001286613
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 5, 2016 | F | 10,700 | $2.12 | D | 625,136 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of 20% of the shares of restricted stock previously granted by the Issuer on December 5, 2012.