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LAUREATE EDUCATION, INC. — Director's Dealing 2007
Aug 22, 2007
31075_dirs_2007-08-22_2fdec367-03a4-49ed-a823-dea6732d5e12.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: APPADOO RAPH (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-08-17 | Common Stock | D | 22500 | $62.00 | Disposed | 0 | Direct |
| 2007-08-17 | Common Stock | D | 9429 | $62.00 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-08-17 | Options | $3.33 | D | 249741 | Disposed | Common Stock (249741) | Direct | |
| 2007-08-17 | Options | $17.54 | D | 138750 | Disposed | Common Stock (138750) | Direct | |
| 2007-08-17 | Options | $46.37 | D | 100000 | Disposed | Common Stock (100000) | Direct |
Footnotes
F1: 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.
F2: Not applicable. Upon the effectivemnss of the merger of L Curve Sub Inc. with and into the Issuer on August 17, 2007, all outstanding options of Issuer were cancelled.
F3: 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 Mr. Appadoo 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 Mr. Appadoo.
F4: 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 Mr. Appadoo were cancelled in exchange for his right to receive $62 per share in cash.