Filing Details

Accession Number:
0001140361-10-021820
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-17 13:00:00
Reporting Period:
2010-05-13
Filing Date:
2010-05-17
Accepted Time:
2010-05-17 17:32:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1286613 Lincoln Educational Services Corp LINC Services-Educational Services (8200) 571150621
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1330739 M Scott Shaw C/O Lincoln Educational Services Corp.
200 Executtive Drive, Suite 340
West Orange NJ 07052
Chief Administrative Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-05-13 12,104 $3.10 219,081 No 4 M Direct
Common Stock Disposition 2010-05-13 12,104 $25.09 206,977 No 4 S Direct
Common Stock Acquisiton 2010-05-17 3,896 $3.10 210,873 No 4 M Direct
Common Stock Disposition 2010-05-17 3,896 $25.00 206,977 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2010-05-13 2,842 $0.00 2,842 $3.10
Common Stock Employee Stock Option (right to buy) Disposition 2010-05-13 9,262 $0.00 9,262 $3.10
Common Stock Employee Stock Option (right to buy) Disposition 2010-05-17 3,896 $0.00 3,896 $3.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
220,658 2004-01-01 2012-01-01 No 4 M Direct
211,396 2004-04-15 2012-01-01 No 4 M Direct
207,500 2004-04-15 2012-01-01 No 4 M Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $25.00 to $25.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.