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LAUREATE EDUCATION, INC. — Director's Dealing 2017
Feb 10, 2017
31075_dirs_2017-02-09_d3323dc4-85ec-47cc-bf80-57457889259b.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: 2017-02-06
Reporting Person: BECKER DOUGLAS L (Director, Chairman & CEO, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-06 | Stock Option (Right to Buy) | $21.32 | A | 1386549 | Acquired | 2019-12-31 | Class B Common Stock (1386549) | Direct |
| 2017-02-06 | Stock Option (Right to Buy) | $17.00 | A | 1386549 | Acquired | 2019-12-31 | Class B Common Stock (1386549) | Direct |
Footnotes
F1: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock of the Issuer upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
F2: Pursuant to an agreement (the "Founders' Agreement") among Douglas L. Becker, Steven M. Taslitz, R. Christopher Hoehn-Saric and one other founder of Sterling (the "Sterling Founders"), the Sterling Founders share equally, on a net after-tax basis, in certain equity securities they receive in connection with services rendered by any of them to certain entities, including the Issuer. Each Sterling Founder controls the voting and disposition of the securities allocable to such Sterling Founder. In light of the Founders' Agreement, each of Messrs. Taslitz and Hoehn-Saric may be deemed to indirectly beneficially own a portion of these options and has made a separate Form 4 filing with respect to the issuance of these options.
F3: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.