4//SEC Filing
SHAW SCOTT M 4
Accession 0001567619-21-005193
CIK 0001286613other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:37 PM ET
Size
6.7 KB
Accession
0001567619-21-005193
Insider Transaction Report
Form 4
SHAW SCOTT M
Chief Administrative Officer
Transactions
- Award
Common Stock
2021-02-25+85,763→ 891,993 total - Tax Payment
Common Stock
2021-02-28$5.78/sh−12,665$73,204→ 879,328 total
Footnotes (2)
- [F1]The reporting person was granted 85,763 shares of restricted common stock under the Lincoln Educational Services Corporation's 2020 Long-Term Incentive Plan, which shall vest one-third on March 15, 2022, one-third on March 15, 2023 and one-third on March 15, 2024, subject to the achievement of annual performance criteria of the preceding year. If an annual target is not met, the shares may vest cumulatively based on the achievement of cumulative economic targets.
- [F2]Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of one-third of the shares of restricted stock granted by the Issuer on February 28, 2019.
Documents
Issuer
LINCOLN EDUCATIONAL SERVICES CORP
CIK 0001286613
Entity typeother
Related Parties
1- filerCIK 0001330739
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:37 PM ET
- Size
- 6.7 KB