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LAUREATE EDUCATION, INC. — Director's Dealing 2007
Aug 22, 2007
31075_dirs_2007-08-22_242434c3-41a7-4f56-91e2-71c592258aef.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2007-08-17
Reporting Person: SINGER PAULA R (Pres & CEO Online Higher Ed.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-08-17 | Common Stock | D | 18772 | $62 | Disposed | 0 | Direct |
| 2007-08-17 | Common Stock | D | 1020 | $62 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-08-17 | Options (rt to buy) | $13.11 | D | 28500 | Disposed | Common Stock (28500) | Direct | |
| 2007-08-17 | Options (rt to buy) | $12.31 | D | 3500 | Disposed | Common Stock (3500) | Direct | |
| 2007-08-17 | Options (rt to buy) | $46.37 | D | 35000 | Disposed | Common Stock (35000) | Direct |
Footnotes
F1: Upon the effectiveness of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all outstanding shares of Issuer owned by Ms. Singer were cancelled in exchange for her right to receive $62 per share in cash. The original Form 4 filed in connection with this transaction failed to account for the fact that on July 12, 2007, 8,654 shares of stock then held by Ms. Singer were cancelled to pay taxes due in connection with the vesting, upon change of control of the Issuer, of shares of restricted stock of the Issuer held by Ms. Singer. A Form 4 for that transaction was filed on August 22, 2007.
F2: Upon the effectiveness of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all outstanding shares of Issuer held by Ms. Singer in the Issuer's 401(k) Plan were cancelled in exchange for the right to receive $62 per share in cash. The merger consideration received by the 401(k) Plan Trustee will be deposited into another Plan fund for the benefit of Ms. Singer.
F3: Upon the effectiveness of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all vested and exercisable options to purchase shares of Issuer were cancelled in exchange for the holder's right to receive cash consideration for each option in an amount equal to the difference between $62 and the per option exercise price, which consideration will be paid to the holder on or before August 24, 2007.
F4: Not applicable. Upon the effectiveness of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all outstanding options of Issuer were cancelled.