AI assistant
LAUREATE EDUCATION, INC. — Director's Dealing 2020
Jul 23, 2020
31075_dirs_2020-07-23_f8183160-910f-46c9-a840-22105603e8f1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2020-07-17
Reporting Person: Sinkfield Richard Harvey III (Chief Legal Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 6911 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (1669) | Direct | ||
| Employee Stock Option (Right to Buy) | $17.44 | 2023-10-02 | Class B Common Stock (12692) | Direct | |
| Employee Stock Option (Right to Buy) | $17.44 | 2025-03-04 | Class B Common Stock (1293) | Direct | |
| Employee Stock Option (Right to Buy) | $17.44 | 2026-05-02 | Class B Common Stock (520) | Direct | |
| Employee Stock Option (right to buy) | $17.89 | 2027-06-14 | Class A Common Stock (1457) | Direct | |
| Employee Stock Option (right to buy) | $13.97 | 2028-03-07 | Class A Common Stock (4523) | Direct | |
| Employee Stock Option (right to buy) | $14.90 | 2029-03-06 | Class A Common Stock (5642) | Direct |
Footnotes
F1: Includes 6,911 restricted stock units, 3,112 of which will vest on December 31, 2020, 2,281 of which will vest on December 31, 2021 and 1,518 of which will vest on December 31, 2022, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F2: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.
F3: These options are fully exercisable.
F4: This option vests in three equal annual installments. The first two annual installments vested on December 31, 2018 and December 31, 2019. Subject to the reporting person's continued employment, the final installment will vest on December 31, 2020.
F5: This option vests in three equal annual installments. The first annual installment vested on December 31, 2019. Subject to the reporting person's continued employment, the final two installments will vest on December 31, 2020 and December 31, 2021.