MCHUGH THOMAS F 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Dec 7, 2012
Insider Transaction Report
Form 4
MCHUGH THOMAS F
SVP & Chief Compliance Officer
Transactions
- Award
Common Stock
2012-12-05+27,973→ 51,375 total - Tax Payment
Common Stock
2012-12-05$4.29/sh−2,034$8,726→ 49,341 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 December 5, 2012.