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LAUREATE EDUCATION, INC. — Director's Dealing 2018
Jan 12, 2018
31075_dirs_2018-01-11_0c2b4094-2bff-49b4-951b-63e9dfd5547f.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2018-01-01
Reporting Person: Hurtado Juan Jose (SVP Operations)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Units | $ | Class A Common Stock (20000) | Direct |
Footnotes
F1: Subject to the reporting person's continued employment by Laureate Education, Inc. (the "Company"), Performance Share Units (PSUs) will vest in one-third annual tranches on each of December 31, 2018, December 31, 2019, and December 31, 2020, provided that the average closing price per share of the Company's Class A Common Stock as reported on the NASDAQ Global Select Market over the thirty (30) day period preceding those dates is equal to or greater than (i) $20 for those PSUs vesting on December 31, 2018, (ii) $22.50 for those PSUs vesting on December 31, 2019, and (iii) $25 for those PSUs vesting on December 31, 2020. Should the thirty day trailing average fall short of these targets for either December 31, 2018, December 31, 2019, or both, the PSUs for the year(s) in which the target is missed may vest if the trailing average target is achieved in the succeeding year.
F2: The reporting person's original Form 3 filed on the same date as this amendment previously reported the title of the derivative security as "Class B Common Stock". Should these PSUs vest, they will vest as shares of Class A Common Stock of the Company.