Filing Details

Accession Number:
0001415889-22-002972
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-15 17:30:25
Reporting Period:
2022-03-11
Accepted Time:
2022-03-15 17:30:25
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
1769387 Marcelo Cardoso C/O Laureate Education, Inc.
78 S.w. 7Th Street, Suite 900
Miami FL 33130
Chief Operating Officer 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
Common Stock Acquisiton 2022-03-11 8,322 $9.85 127,889 No 4 M Direct
Common Stock Acquisiton 2022-03-11 3,328 $9.85 131,227 No 4 M Direct
Common Stock Acquisiton 2022-03-11 2,776 $10.30 134,003 No 4 M Direct
Common Stock Acquisiton 2022-03-11 9,697 $6.38 143,700 No 4 M Direct
Common Stock Acquisiton 2022-03-11 13,656 $7.31 157,356 No 4 M Direct
Common Stock Disposition 2022-03-11 37,779 $12.26 119,577 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2022-03-11 8,322 $0.00 8,322 $9.85
Common Stock Employee Stock Option (Right to Buy) Acquisiton 2022-03-11 3,328 $0.00 3,328 $9.85
Common Stock Employee Stock Option (right to buy) Acquisiton 2022-03-11 2,776 $0.00 2,276 $10.30
Common Stock Employee Stock Option (right to buy) Acquisiton 2022-03-11 9,697 $0.00 9,697 $6.38
Common Stock Employee Stock Option (right to buy) Acquisiton 2022-03-11 13,656 $0.00 13,656 $7.31
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-10-02 No 4 M Direct
0 2023-10-02 No 4 M Direct
0 2027-06-14 No 4 M Direct
0 2028-03-07 No 4 M Direct
0 2019-03-06 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.22 to $12.291, inclusive. The reporting person undertakes to provide to Laureate Education, Inc., any security holder of Laureate Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively.
  3. The option vested in installments of 13% of options granted on each of December 31, 2013, 2014, 2015 and 2016 and 48% of options granted on December 31, 2017.
  4. The option vested in substantially equal installments on December 31, 2017, 2018 and 2019.
  5. The option vested in substantially equal installments on December 31, 2018, 2019 and 2020.
  6. The option vested in equal installments on December 31, 2019, 2020 and 2021.