0001567619-21-005191.txt : 20210301 0001567619-21-005191.hdr.sgml : 20210301 20210301163532 ACCESSION NUMBER: 0001567619-21-005191 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210225 FILED AS OF DATE: 20210301 DATE AS OF CHANGE: 20210301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BUCHENOT STEPHEN M CENTRAL INDEX KEY: 0001330745 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51371 FILM NUMBER: 21698444 MAIL ADDRESS: STREET 1: C/O LINCOLN EDUCATIONAL SERVICES CORP. STREET 2: 200 EXECUTIVE DRIVE, SUITE 340 CITY: WEST ORANGE STATE: NJ ZIP: 07052 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 doc1.xml FORM 4 X0306 4 2021-02-25 0 0001286613 LINCOLN EDUCATIONAL SERVICES CORP LINC 0001330745 BUCHENOT STEPHEN M 200 EXECUTIVE DRIVE SUITE 340 WEST ORANGE NJ 07052 0 1 0 0 EVP of Campus Operations Common Stock 2021-02-25 4 A 0 42882 0 A 249238 D Common Stock 2021-02-28 4 F 0 2858 5.78 D 246380 D The reporting person was granted 42,882 shares of restricted common stock under the Lincoln Educational Services Corporation's 2020 Long-Term Incentive Plan, which shall vest one-third on March 15, 2022, one-third on March 15, 2023 and one-third on March 15, 2024, subject to the achievement of annual performance criteria of the preceding year. If an annual target is not met, the shares may vest cumulatively based on the achievement of cumulative economic targets. Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of one-third of the shares of restricted stock granted by the Issuer on February 28, 2019. /s/ Stephen M Buchenot 2021-03-01