LAUREATE EDUCATION, INC. — Director's Dealing 2019

Jan 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2018-12-31

Reporting Person: Silbey Victoria E (Sr. VP, Secretary, CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-31	Class A Common Stock	M	3029	—	Acquired	12654	Direct
2018-12-31	Class A Common Stock	F	863	$14.82	Disposed	11791	Direct
2018-12-31	Class A Common Stock	F	301	$14.82	Disposed	11490	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-31	Restricted Stock Units	$	M	3029	Disposed		Class A Common Stock (3029)	Direct

Footnotes

F1: Shares withheld from vesting of Restricted Stock Units originally granted on September 7, 2017 in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange.

F2: Shares withheld from vesting of Restricted Stock Units originally granted on May 23, 2018 (having been previously reported as shares of Class A Common Stock on the reporting person's Form 4 filed on May 25, 2018) in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange. These RSUs are vesting in three equal annual installments on each of December 31, 2018, December 31, 2019, and December 31, 2020, subject to the reporting person's continued employment.

F3: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Class A Common Stock ("Class A Common Stock") of Laureate Education, Inc. (the "Company"). On September 7, 2017, the reporting person was issued RSUs vesting in three equal annual installments on each of December 31, 2017, December 31, 2018, and December 31, 2019, subject to the reporting person's continued employment by the Company.