Ronald E. Harbour - 06 May 2021 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
Director
Signature
/s/ Ronald E. Harbour
Issuer symbol
LINC
Transactions as of
06 May 2021
Transactions value $
$59,998
Form type
4
Filing time
10 May 2021, 16:53:02 UTC
Next filing
21 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Award $60K +8.71K +13.22% $6.89 74.6K 06 May 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock valued at $60,000 on the date of grant, based on a price of $6.89, the closing price per share on the date of the grant. These restricted shares vest on the first anniversary of the grant date. The 8,708 shares are held by the Ronald E. Harbour Living Trust, dated June 9, 1988, as amended, of which the reporting person is the sole trustee and beneficiary.