0001286613-23-000027.txt : 20230509 0001286613-23-000027.hdr.sgml : 20230509 20230509154655 ACCESSION NUMBER: 0001286613-23-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230505 FILED AS OF DATE: 20230509 DATE AS OF CHANGE: 20230509 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: 23901691 MAIL ADDRESS: STREET 1: C/O STONINGTON PARTNERS, INC. STREET 2: 540 MADISON AVENUE, 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 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: 14 SYLVAN WAY STREET 2: SUITE A CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-736-9340 MAIL ADDRESS: STREET 1: 14 SYLVAN WAY STREET 2: SUITE A CITY: PARSIPPANY STATE: NJ ZIP: 07054 4 1 form4.xml X0407 4 2023-05-05 0001286613 LINCOLN EDUCATIONAL SERVICES CORP LINC 0001382909 Bartholdson John A. 555 MADISON AVE 25TH FLOOR NEW YORK NY 10022 true true false Common Stock 2023-05-05 4 A 0 10471 5.73 A 49002 D Common Stock 5626025 I See Footnote Award of 10,471 shares of Restricted Stock valued at $60,000 on the date of award based on a price of $5.73 per share, the closing price per share on the date of the award. These restricted shares vest on the first anniversary of the grant date. Comprised of (i) 3,262,714 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. Bartholdson 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. Bartholdson shares voting and dispositive power over such shares with Juniper Investment Company and the other individual. Mr. Bartholdson disclaims beneficial ownership of the holdings of Juniper Targeted Opportunities and Juniper Fund reflected herein except to the extent of his pecuniary interest therein. /s/ John A Bartholdson 2023-05-09