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