0001104659-17-024568.txt : 20170419 0001104659-17-024568.hdr.sgml : 20170419 20170419180858 ACCESSION NUMBER: 0001104659-17-024568 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170417 FILED AS OF DATE: 20170419 DATE AS OF CHANGE: 20170419 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LAUREATE EDUCATION, INC. CENTRAL INDEX KEY: 0000912766 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 521492296 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 650 S. EXETER STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4108436100 MAIL ADDRESS: STREET 1: 650 S. EXETER STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SYLVAN LEARNING SYSTEMS INC DATE OF NAME CHANGE: 19930929 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Daniels Timothy F. CENTRAL INDEX KEY: 0001696068 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38002 FILM NUMBER: 17770920 MAIL ADDRESS: STREET 1: 333 WEST MIFFLIN STREET STREET 2: NO. 1061 CITY: MADISON STATE: WI ZIP: 53703 4 1 a4.xml 4 X0306 4 2017-04-17 0 0000912766 LAUREATE EDUCATION, INC. LAUR 0001696068 Daniels Timothy F. 650 S. EXETER STREET 12TH FLOOR BALTIMORE MD 21202 0 1 0 0 CEO,Europe,Asia,MdlEast,Africa Performance Share Units 2017-04-17 4 M 0 8690 0 D Class B Common Stock 8690 8690 D Class B Common Stock 2017-04-17 4 M 0 8690 0 A Class B Common Stock 8690 26653 D Class B Common Stock 2017-04-17 4 F 0 3972 14.60 D Class A Common Stock 3972 22681 D Each Performance Share Unit ("PSU") represents the right to receive one share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company"). As previously reported in footnote 4 on the Form 3 filed by the reporting person with the U.S. Securities and Exchange Commission on January 31, 2017, 8,690 PSUs vested on April 17, 2017 (the "Vesting Date") upon the achievement by the Company of the applicable Equity Value Target with respect to fiscal year 2016. Subject to the reporting person's continued employment with the Company, an additional 8,690 PSUs are eligible to vest if the Company achieves the applicable Equity Value Target with respect to fiscal year 2017. Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock ("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. On the trading day immediately prior to the Vesting Date, the closing price of one share of the Company's Class A Common Stock traded on the NASDAQ Stock Exchange was $14.60. On April 17, 2017, 3,972 shares of the Company's Class B Common Stock otherwise issuable upon the vesting of the PSUs were forfeited to pay the applicable withholding taxes due in connection with the PSUs' vesting. /s/ Sean P. Mulcahy, Attorney-in-Fact 2017-04-19