LAUREATE EDUCATION, INC. — Director's Dealing 2007

Aug 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2007-07-12

Reporting Person: DENNIS WILLIAM C (President, Latin America Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-12	Common Stock	F	8202	$61.95	Disposed	14298	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (rt to buy)	$17.54	2013-04-30	Common Stock (20000)	55000	Direct
Options (rt to buy)	$5.95	2011-10-01	Common Stock (1)	55001	Direct
Option (rt to buy)	$46.37	2012-09-20	Common Stock (100000)	155001	Direct
Option (rt to buy)	$46.37	2012-09-20	Common Stock (25000)	180001	Direct

Footnotes

F1: 8,202 shares held by Mr. Dennis were cancelled on July 12, 2007 to pay the taxes due in connection with the vesting, upon change of control of the Issuer, of 22,500 shares of restricted stock of the Issuer held by Mr. Dennis.

F2: All options are currently exercisable.

F3: 25,000 options are currently vested and exercisable. An additional 25,000 options vest on each of 9/20/2007, 9/20/2008 and 9/20/2009.

F4: 12,500 options are vested and exerciseable. The remaining 12,500 options vest on 9/20/2007.