Juniper Investment Company, LLC - May 31, 2024 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
10%+ Owner
Signature
/s/ Alexis P. Michas
Stock symbol
LINC
Transactions as of
May 31, 2024
Transactions value $
-$293,775
Form type
4
Date filed
6/4/2024, 04:00 PM
Previous filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock, no par value per share Sale -$17.5 K -1.5 K -0.55% $11.65 270 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$50.6 K -4.34 K -1.61% $11.66 265 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$8.94 K -766 -0.29% $11.67 265 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$1.23 K -105 -0.04% $11.68 265 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$11.8 K -1.01 K -0.38% $11.68 264 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$2.34 K -200 -0.08% $11.69 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$2.34 K -200 -0.08% $11.69 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$1.86 K -159 -0.06% $11.70 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$117 -10 0% $11.71 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$1.17 K -100 -0.04% $11.73 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$2.76 K -235 -0.09% $11.74 263 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$33 K -2.8 K -1.07% $11.77 260 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$40.2 K -3.41 K -1.31% $11.78 256 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$2.36 K -200 -0.08% $11.79 256 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$34.6 K -2.93 K -1.14% $11.79 253 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$25.9 K -2.2 K -0.87% $11.80 251 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$3.54 K -300 -0.12% $11.80 251 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$50.7 K -4.3 K -1.71% $11.80 247 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$2.75 K -233 -0.09% $11.81 246 K May 31, 2024 Direct
transaction LINC Common Stock, no par value per share Sale -$106 -9 0% $11.82 246 K May 31, 2024 Direct
holding LINC Common Stock, no par value per share 3.32 M May 31, 2024 See Footnote F1

Explanation of Responses:

Id Content
F1 Comprised of (i) 956,223 shares held by Juniper Targeted Opportunities L.P. ("Juniper Targeted Opportunities") and (ii) 2,363,311 shares held by Juniper Targeted Opportunity Fund, L.P. ("Juniper Fund"). Juniper Investment Company, LLC ("Juniper Investment Company") serves as the investment advisor to Juniper Targeted Opportunities and Juniper Fund. Mr. Michas and another individual serve as the managing members of Juniper Investment Company and the general partners of Juniper Targeted Opportunities and Juniper Fund and as a result, Mr. Michas shares voting and dispositive power over such shares with Juniper Investment Company and the other individual. Mr. Michas disclaims beneficial ownership of the holdings of Juniper Targeted Opportunities and Juniper Fund reflected herein except to the extent of his pecuniary interest therein.