Meyers Brian K 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Feb 26, 2024
Insider Transaction Report
Form 4
Meyers Brian K
CFO and Treasurer
Transactions
- Award
Common Stock
2024-02-22+51,976→ 318,621 total
Footnotes (1)
- [F1]The reporting person was granted 51,976 shares of restricted common stock under the Lincoln Educational Services Corporation's 2020 Long-Term Incentive Plan. Fifty percent of the grant is subject to time-based vesting while the remaining fifty percent of the grant is subject to performance-based vesting requiring the reporting person's achievement of metrics set by the registrant annually. In both cases, the shares will vest, if at all, in substantially equal annual tranches over three years beginning on March 1, 2025.