LAUREATE EDUCATION, INC. — Director's Dealing 2021

Mar 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2021-03-26

Reporting Person: del Corro Pedro (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-26	Class A Common Stock	C	6467	—	Acquired	20087	Direct
2021-03-26	Class A Common Stock	C	5449	—	Acquired	5449	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-26	Class B Common Stock	$	C	11916	Disposed		Class A Common Stock (11916)	Indirect

Footnotes

F1: Upon distribution of shares of Class B common stock ("Class B Common Stock") of Laureate Education, Inc. (the "Issuer") by Wengen Alberta, Limited Partnership ("Wengen") to its investors pro rata based on their respective ownership interest in Wengen, such shares of Class B Common Stock automatically converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.

F2: Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3: Shares of Class B Common Stock are held directly by Wengen. Mr. del Corro may be deemed to indirectly beneficially own these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.