LAUREATE EDUCATION, INC. — Director's Dealing 2022

Mar 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2022-03-09

Reporting Person: Serck-Hanssen Eilif (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-09	Common Stock	M	173761	$9.85	Acquired	843775	Direct
2022-03-09	Common Stock	S	173761	$12.008	Disposed	670014	Direct
2022-03-10	Common Stock	M	81015	$9.85	Acquired	751029	Direct
2022-03-10	Common Stock	S	81015	$12.054	Disposed	670014	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-09	Employee Stock Option (right to buy)	$9.85	M	125057	Disposed	2023-10-02	Common Stock (125057)	Direct
2022-03-09	Employee Stock Option (right to buy)	$9.85	M	48704	Disposed	2023-10-02	Common Stock (48704)	Direct
2022-03-10	Employee Stock Option (right to buy)	$9.85	M	56926	Disposed	2023-10-02	Common Stock (56926)	Direct
2022-03-10	Employee Stock Option (right to buy)	$9.85	M	24089	Disposed	2023-10-02	Common Stock (24089)	Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on November 23, 2021 with respect to two option grants expiring on October 2, 2023.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.07, inclusive. The reporting person undertakes to provide to Laureate Education, Inc., any security holder of Laureate Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.165, inclusive.

F4: In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively.

F5: The option vested in substantially equal installments on December 31, 2013, 2014, 2015, 2016 and 2017.

F6: The option vested in substantially equal installments on December 31, 2013, 2014, 2015 and 2017 and April 15, 2018.