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: Broker Neel (CEO EMEAA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-31	Class A Common Stock	C	1448	—	Acquired	16816	Direct
2018-12-31	Class A Common Stock	F	638	$14.82	Disposed	16178	Direct
2018-12-31	Class A Common Stock	F	822	$14.82	Disposed	15356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-31	Restricted Stock Units	$	M	1448	Disposed		Class B Common Stock (1448)	Direct
2018-12-31	Class B Common Stock	$	M	1448	Acquired		Class A Common Stock (1448)	Direct
2018-12-31	Class B Common Stock	$	C	1448	Disposed		Class A Common Stock (1448)	Direct

Footnotes

F1: Shares withheld from vesting of Restricted Stock Units originally reported at footnote 4 of the reporting person's Form 3 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 March 7, 2018 (having been previously reported as shares of Class A Common Stock on the reporting person's Form 4 filed on March 9, 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 with the Company.

F3: As reported in footnote 4 of the reporting person's Form 3 filed on January 1, 2018, each Restricted Stock Unit represents the right to receive one share of Class B Common Stock. These RSUs shall vest in two tranches with one-half vesting on December 31, 2018 and the balance vesting on December 31, 2019, subject to the reporting person's continued employment by Laureate Education, Inc.

F4: 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.