John A. Bartholdson - Feb 28, 2025 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
Chairman, Director
Signature
/s/ John A. Bartholdson
Stock symbol
LINC
Transactions as of
Feb 28, 2025
Transactions value $
-$5,006,134
Form type
4
Date filed
3/4/2025, 06:22 PM
Previous filing
Aug 20, 2024
Next filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock, no par value per share Sale -$4.05M -224K -52.65% $18.09 202K Feb 28, 2025 Juniper Targeted Opportunities L.P. F1, F2
transaction LINC Common Stock, no par value per share Sale -$953K -51.5K -25.56% $18.50 150K Mar 3, 2025 Juniper Targeted Opportunities L.P. F2
holding LINC Common Stock, no par value per share 2.36M Feb 28, 2025 Juniper Targeted Opportunities Fund, L.P. F3
holding LINC Common Stock, no par value per share 203K Feb 28, 2025 Bartholdson, John A.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average per share price with a range from $18.0000 and $18.3000. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission 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. John A. Bartholdson and Mr. Alexis P. Michas serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunities and as a result, Mr. Bartholdson and Mr. Michas share voting and dispositive power over such shares with Juniper Investment Company. Each of Mr. Bartholdson and Mr. Michas disclaims beneficial ownership of the holdings of Juniper Targeted Opportunities reflected herein except to the extent of his pecuniary interest therein.
F3 As the investment manager of Juniper Targeted Opportunity Fund, L.P. ("Juniper Targeted Opportunity Fund"), Juniper Investment Company may be deemed to beneficially own the securities held by the Juniper Targeted Opportunity Fund. Juniper Investment Company disclaims beneficial ownership of all the interests reported herein except to the extent of its pecuniary interest therein. Mr. Bartholdson and Mr. Michas serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunity Fund and as a result, each of Mr. Bartholdson and Mr. Michas shares voting and dispositive power over such shares with Juniper Investment Company. Each of Mr. Bartholdson and Mr. Michas disclaims beneficial ownership of the holdings of Juniper Targeted Opportunity Fund reflected herein except to the extent of his pecuniary interest therein.