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LAUREATE EDUCATION, INC. — Director's Dealing 2007
Aug 22, 2007
31075_dirs_2007-08-22_fef5d222-1590-4911-9faa-f7c000ec5800.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: Mecca Rosemaire (EVP, Chief Finanical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-08-17 | Common Stock | D | 49317 | $62.00 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-08-17 | options (Right to buy) | $46.37 | D | 85000 | Disposed | common stock (85000) | 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. Mecca 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 cancellation on July 12, 2007 of 22,342 shares of Issuer stock held by Ms. Mecca to pay taxes due in connection with the vesting of her restricted stock upon change of control of the Issuer. A Form 4 was filed for that transaction 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 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.
F3: 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.