0001019056-19-000668.txt : 20191213 0001019056-19-000668.hdr.sgml : 20191213 20191213175524 ACCESSION NUMBER: 0001019056-19-000668 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191211 FILED AS OF DATE: 20191213 DATE AS OF CHANGE: 20191213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bartholdson John A. CENTRAL INDEX KEY: 0001382909 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51371 FILM NUMBER: 191285506 MAIL ADDRESS: STREET 1: C/O STONINGTON PARTNERS, INC. STREET 2: 540 MADISON AVENUE, 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MICHAS ALEXIS P CENTRAL INDEX KEY: 0001044005 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51371 FILM NUMBER: 191285507 MAIL ADDRESS: STREET 1: 940 WINTER STREET STREET 2: C/O PERKINELMER CITY: WALTHAM STATE: MA ZIP: 02451 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Juniper Targeted Opportunities, LP CENTRAL INDEX KEY: 0001680619 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51371 FILM NUMBER: 191285508 BUSINESS ADDRESS: STREET 1: 555 MADISON AVENUE, 24TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-339-8500 MAIL ADDRESS: STREET 1: 555 MADISON AVENUE, 24TH FL CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Juniper Investment Company, LLC CENTRAL INDEX KEY: 0001794034 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51371 FILM NUMBER: 191285509 BUSINESS ADDRESS: STREET 1: 555 MADISON AVE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022-3315 BUSINESS PHONE: (212) 339-8500 MAIL ADDRESS: STREET 1: 555 MADISON AVE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022-3315 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN EDUCATIONAL SERVICES CORP CENTRAL INDEX KEY: 0001286613 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 571150621 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 EXECUTIVE DRIVE CITY: WEST ORANGE STATE: NJ ZIP: 07052 BUSINESS PHONE: 9737369340 MAIL ADDRESS: STREET 1: 200 EXECUTIVE DRIVE CITY: WEST ORANGE STATE: NJ ZIP: 07052 4 1 ownership.xml X0306 4 2019-12-11 0 0001286613 LINCOLN EDUCATIONAL SERVICES CORP LINC 0001794034 Juniper Investment Company, LLC 555 MADISON AVE. 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001680619 Juniper Targeted Opportunities, LP 555 MADISON AVE. 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001044005 MICHAS ALEXIS P 555 MADISON AVE. 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001382909 Bartholdson John A. 555 MADISON AVE. 24TH FLOOR NEW YORK NY 10022 1 0 1 0 Common Stock 2019-12-11 4 P 0 6150 2.20 A 602484 I Juniper Targeted Opportunity Fund, L.P. Common Stock 2019-12-12 4 P 0 73600 2.19 A 676084 I Juniper Targeted Opportunity Fund, L.P. Common Stock 2019-12-13 4 P 0 1366 2.14 A 677450 I Juniper Targeted Opportunity Fund, L.P. Common Stock 2019-12-13 4 P 0 8052 2.31 A 8052 I John A. Bartholdson Common Stock 16393 I Alexis P. Michas Series A Convertible Preferred Stock Common Stock 4745765 11200 I See footnotes Represents securities held of record by Juniper Targeted Opportunity Fund, L.P. ("Juniper Fund"). Represents securities held of record by Alexis P. Michas. The Series A Convertible Preferred Stock ("Series A") is convertible into the Issuer's Common Stock on a 423.729-for-one basis at any time at the holder's election and has no expiration date. Beginning on November 14, 2022, the holder may be required by the Issuer to convert the Series A into Common Stock upon satisfaction of certain requirements. Represents shares held of record by Juniper Fund, with respect to 3,500 Series A that convert into 1,483,052 shares of Common Stock, and by Juniper Targeted Opportunities, L.P. ("Juniper Targeted Opportunities"), with respect to 7,700 Series A that convert into 3,262,713 shares of Common Stock. Juniper Investment Company, LLC ("Juniper Investment") is the investment manager of Juniper Fund and Juniper Targeted Opportunities and may be deemed to beneficially own the securities held by Juniper Fund and Juniper Targeted Opportunities. Alex P. Michas and John A. Bartholdson (Managing Members") are the managing members of Juniper Investment, Juniper HF Investors II, LLC (the general partner of the Juniper Fund) and Juniper TO Investors, LLC (the general partner of Juniper Targeted Opportunities), through which the Managing Members may be deemed to have an indirect beneficial ownership with respect to the shares held by Juniper Fund and Juniper Targeted Opportunities. Each Reporting Person disclaims beneficial ownership of all interests reported herein except to the extent of such Reporting Person's pecuniary interests. Represents securities held of record by John A. Bartholdson. Juniper Investment Company, LLC, By: /s/ John A. Bartholdson, Managing Member of Juniper Investment Company, LLC 2019-12-13 Juniper Targeted Opportunities, L.P., By: Juniper TO Investors, LLC, its general partner, By: /s/ John A. Bartholdson, Managing Member of Juniper TO Investors, LLC 2019-12-13 /s/ Alexis P. Michas 2019-12-13 /s/ John A. Bartholdson 2019-12-13