Attached files
| file | filename |
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| EX-99.1 - EXHIBIT 99.1 - LINCOLN EDUCATIONAL SERVICES CORP | ex99_1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
Form 8-K
___________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 2, 2014
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Lincoln Educational Services Corporation
(Exact Name of Registrant as Specified in Charter)
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New Jersey
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000-51371
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57-1150621
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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200 Executive Drive, Suite 340
West Orange, New Jersey 07052
(Address of principal executive offices)
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07052
(Zip Code)
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Registrant’s telephone number, including area code: (973) 736-9340
Not Applicable
(Former name or former address, if changed since last report)
___________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 2.02 | Results of Operations and Financial Condition |
On May 7, 2014, Lincoln Educational Services Corporation (the “Company”) issued a press release announcing, among other things, its results of operations for the first quarter ended March 31, 2014. A copy of the press release is furnished herewith as Exhibit 99.1 and attached hereto. The information contained under this Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained under this Item 2.02 in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
| Item 5.07 | Submission of Matters to a Vote of Security Holders |
On May 2, 2014, the Company held its Annual Meeting of Shareholders. The following proposals were passed:
| 1. | Election of the following nine individuals as directors of the Company for a one-year term, which will expire at the 2015 Annual Meeting of Shareholders. |
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Votes For
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Votes Withheld
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Broker Non-
Votes
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Alvin O. Austin
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11,689,163
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3,564,821
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3,346,213
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Peter S. Burgess
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11,340,269
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3,913,715
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3,346,213
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James J. Burke, Jr.
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11,508,738
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3,745,246
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3,346,213
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Celia H. Currin
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11,688,479
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3,565,505
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3,346,213
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Paul E. Glaske
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11,289,295
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3,964,689
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3,346,213
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Charles F. Kalmbach
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11,308,245
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3,945,739
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3,346,213
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Shaun E. McAlmont
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11,564,045
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3,689,939
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3,346,213
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Alexis P. Michas
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11,290,110
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3,963,874
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3,346,213
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J. Barry Morrow
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11,339,069
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3,914,915
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3,346,213
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| 2. | Advisory, non-binding “Say-On-Pay” vote to approve the compensation of our named executive officers. |
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Votes For
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Votes Against
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Abstain
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Broker Non-
Votes
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10,730,204
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4,423,949
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99,831
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3,346,213
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| 3. | Ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2014. |
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Votes For
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Votes Against
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Abstained
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18,443,292
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133,433
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23,472
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| Item 9.01 | Financial Statements and Exhibits |
| (c) | Exhibits |
| 99.1 | Press release of Lincoln Educational Services Corporation dated May 7, 2014. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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LINCOLN EDUCATIONAL SERVICES CORPORATION
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Date: May 7, 2014
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By:
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/s/ Cesar Ribeiro
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Name:
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Cesar Ribeiro
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Title:
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Executive Vice President, Chief Financial
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Officer and Treasurer
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