LAUREATE EDUCATION, INC. — Director's Dealing 2022

Feb 14, 2022

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2021-12-31

Reporting Person: Wengen Alberta, LP (10% Owner)
Reporting Person: Wengen Investments LTD (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-29	Common Stock	A	20855584	—	Acquired	20855584	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-29	Class B Common Stock	$0	D	20855584	Disposed		Common Stock (20855584)	Direct

Footnotes

F1: Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the Class B Common Stock of the Issuer has converted into Common Stock of the Issuer effective as of October 29, 2021 and is being reported herein pursuant to Rule 16b-7 of the Securities Exchange Act of 1934.

F2: Represents shares held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.