Filing Details

Accession Number:
0001140361-19-011286
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-19 19:18:38
Reporting Period:
2019-06-17
Accepted Time:
2019-06-19 19:18:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
912766 Laureate Education Inc. LAUR Services-Educational Services (8200) 521492296
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1399590 Wengen Alberta, Lp C/O Laureate Education, Inc.,
650 South Exeter Street
Baltimore MD 21202
No No No No
1406898 Ltd Investments Wengen C/O Laureate Education, Inc.,
650 South Exeter Street
Baltimore MD 21202
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2019-06-17 10,955,000 $0.00 10,955,000 No 4 C Direct
Class A Common Stock Disposition 2019-06-17 10,955,000 $15.30 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2019-06-17 10,955,000 $0.00 10,955,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
101,147,116 No 4 C Direct
Footnotes
  1. Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
  2. The shares of Class A Common Stock were sold in an underwritten public offering in which Wengen Alberta, Limited Partnership ("Wengen") was the sole selling stockholder.
  3. Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock of the Issuer upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
  4. An aggregate of 10,955,000 shares of Class B common stock converted automatically into 10,955,000 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.
  5. Shares of Class B Common Stock of the Issuer are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Wengen GP and each holder of interests in Wengen disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.