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LAUREATE EDUCATION, INC. — Director's Dealing 2018
Jun 19, 2018
31075_dirs_2018-06-19_423af924-c924-439a-9c2e-724af675e125.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: 2018-06-17
Reporting Person: Loureiro Jose Roberto (Chief Executive Officer Brazil)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-17 | Class A Common Stock | A | 3571 | — | Acquired | 24561 | Direct |
| 2018-06-17 | Class A Common Stock | C | 8928 | — | Acquired | 33489 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-17 | Restricted Stock Units | $ | M | 8928 | Disposed | Class B Common Stock (8928) | Direct | |
| 2018-06-17 | Class B Common Stock | $ | M | 8928 | Acquired | Class A Common Stock (8928) | Direct | |
| 2018-06-17 | Class B Common Stock | $ | C | 8928 | Disposed | Class A Common Stock (8928) | Direct |
Footnotes
F1: Represents shares issuable in connection with the vesting of 3,571 Performance Share Units originally awarded pursuant to a Performance Share Units Notice dated October 25, 2016, the terms of which provide that 3,571
PSUs granted thereunder shall vest upon satisfaction of the performance goals set forth therein. Upon their vesting, the PSUs granted pursuant to the October 2016 award were originally issueable as shares of Class B Common Stock of the Company. The reporting person has previously provided a standing instruction to convert the issueable Class B Shares to Class A Shares upon their issuance. Shares of Class B Common Stock of the Company are convertible to
shares of Class A Common Stock upon the written election of the shareholder and otherwise in accordance with the Company's charter.
F2: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock, as previously reported by the reporting person at footnote 2 of the Form 3 filed on January 11, 2018.
F3: Each share of Class B Common Stock of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.