BUCHENOT STEPHEN M 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Feb 24, 2020
Insider Transaction Report
Form 4
BUCHENOT STEPHEN M
Senior VP of Campus Operations
Transactions
- Award
Common Stock
2020-02-20+120,000→ 209,214 total
Footnotes (1)
- [F1]The reporting person was granted 120,000 shares of restricted common stock under the Lincoln Educational Services Corporation's Amended and Restated 2005 Long-Term Incentive Plan, which shall vest 20% on March 15, 2021, 30% on March 15, 2022 and 50% on March 15, 2023, subject to the achievement of annual performance criteria. If an annual target is not met, the shares may vest cumulatively based on the achievement of cumulative economic targets.