MCHUGH THOMAS F 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Feb 25, 2011
Insider Transaction Report
Form 4
MCHUGH THOMAS F
SVP & Chief Compliance Officer
Transactions
- Tax Payment
Common Stock
2011-02-23$15.32/sh−570$8,732→ 16,708 total - Award
Common Stock
2011-02-23+7,833→ 17,278 total
Footnotes (2)
- [F1]Grant of Restricted Stock. These restricted shares vest ratably on the grant date and first through fourth anniversary of the grant date.
- [F2]Consists 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 granted by the Issuer on February 23, 2011.