SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SINGER PAULA R

(Last) (First) (Middle)
1001 FLEET STREET

(Street)
BALTIMORE MD 21202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [ LAUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres & CEO Online Higher Ed.
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/16/2007 S 1,000 D $59.27 33,852(1)(4) D
Common Stock 1,020 I Held in Company 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (rt to buy) $13.11 (2) 12/13/2009 Common Stock 32,500 32,500 D
Options (rt to buy) $12.31 (2) 12/13/2009 Common Stock 7,500 40,000 D
Options (rt to buy) $46.37 (3) 09/20/2012 Common Stock 35,000 75,000 D
Explanation of Responses:
1. Includes 12,000 shares granted on 4/30/2003 as to which there remains a risk of forfeiture and 15,000 shares granted on 12/13/2005 as to which there remains a risk of forfeiture.
2. All options are vested and exercisable.
3. As of 12/31/2006, 10,937 options were vested and exercisable. An additional 2,187 options will vest and become exercisable each quarter thereafter, with the entire amount becoming vested and exercisable as of 9/30/2009.
4. Reflects total after today's transaction, the 4-2-2007 transaction in which 1,561 shares were withheld to pay taxes when the restrictions on 5,000 shares lapsed on 3-31-2007 and the 4-11-2007 transactions in which 2,000 options were exercised and the shares acquired thereby were sold in the open market. Forms 4 for the 4-2-2007 and 4-11-2007 transactions were timely filed; however, the numbers for the total in Column 5 of Table 1 on the 4-2-2007 filing were inadvertantly transposed, causing the amounts listed under Column 5 of Table 1 of the 4-2-2007 and 4-11-2007 to be incorrect. The total disclosed on this Form 4 corrects these typographical errors.
Paula R. Singer 04/16/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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