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LAUREATE EDUCATION, INC. — Director's Dealing 2019
Jan 3, 2019
31075_dirs_2019-01-03_667609bd-c4d1-443a-9168-94b7b53dcc33.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: 2018-12-31
Reporting Person: Berckemeyer Ricardo M. (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-31 | Class A Common Stock | M | 10417 | — | Acquired | 86043 | Direct |
| 2018-12-31 | Class A Common Stock | F | 4828 | $14.82 | Disposed | 81215 | Direct |
| 2018-12-31 | Class A Common Stock | F | 5667 | $14.82 | Disposed | 75548 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-31 | Restricted Stock Units | $ | M | 10417 | Disposed | Class A Common Stock (10417) | Direct |
Footnotes
F1: Upon vesting, Restricted Stock Units convert into Class A Common Stock on a one-for-one basis, for no additional cash consideration
F2: Shares withheld from vesting of Restricted Stock Units originally granted on June 14, 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.
F3: 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.
F4: On June 14, 2017, the reporting person was granted 31,250 restricted stock units, vesting without payment of cash consideration in one-third annual installments on each of December 31, 2017, December 31, 2018, and December 31, 2019, subject to the reporting person's continued employment by Laureate Education, Inc.