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LAUREATE EDUCATION, INC. Director's Dealing 2007

Sep 10, 2007

31075_dirs_2007-09-10_4fb8cbc0-96d0-482a-ae52-d621fb714f5c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2007-08-17

Reporting Person: BECKER DOUGLAS L (Director, Chariman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-17 Common Stock D 357591 $60.50 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-17 options $24.33 D 630000 Disposed common stock (630000) Direct
2007-08-17 options $28.67 D 52328 Disposed common stock (52328) Direct
2007-08-17 options $31.25 D 100000 Disposed common stock (100000) Direct
2007-08-17 options $3.59 D 605683 Disposed common stock (605683) Direct
2007-08-17 options $19.43 D 100000 Disposed common stock (100000) Direct

Footnotes

F1: Immediately prior to the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, Mr. Becker sold 357,591 shares of the Issuer (all of the Issuer shares he owned directly or indirectly) to Wengen Alberta, Limited Partnership, in exchange for partnership interests in Wengen valued at the product of 357,591 multiplied by $60.50. Wengen was the Parent of L Curve and, upon the effectiveness of the Merger, became the sole shareholder of the Issuer.

F2: Upon the effectiveness of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all outstanding options of the Issuer were cancelled. In connection with the merger, the Issuer adopted a Deferred Compensation Plan for Mr. Becker, the value of which was equal to (A) the total number of options held by Mr. Becker at the time of the merger multiplied by $60.50 minus (B) the aggregate exercise price of all of the options held by Mr Becker at the time of the merger.