4//SEC Filing
Meyers Brian K 4
Accession 0001567619-23-003881
CIK 0001286613other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:29 PM ET
Size
5.3 KB
Accession
0001567619-23-003881
Insider Transaction Report
Form 4
Meyers Brian K
CFO and Treasurer
Transactions
- Award
Common Stock
2023-02-23+81,301→ 418,197 total
Footnotes (1)
- [F1]The reporting person was granted 81,301 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 15, 2024. With respect to the performance -based vesting, if an annual performance metrics are not met in a particular year, the shares may vest cumulatively based on the achievement of cumulative performance targets.
Documents
Issuer
LINCOLN EDUCATIONAL SERVICES CORP
CIK 0001286613
Entity typeother
Related Parties
1- filerCIK 0001629974
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:29 PM ET
- Size
- 5.3 KB