0001127602-17-028994.txt : 20171003
0001127602-17-028994.hdr.sgml : 20171003
20171003170128
ACCESSION NUMBER: 0001127602-17-028994
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170929
FILED AS OF DATE: 20171003
DATE AS OF CHANGE: 20171003
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Guimaraes Enderson
CENTRAL INDEX KEY: 0001532604
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 171118869
MAIL ADDRESS:
STREET 1: PEPSICO, INC.
STREET 2: 700 ANDERSON HILL ROAD
CITY: PURCHASE
STATE: NY
ZIP: 10577
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
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-09-29
1
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001532604
Guimaraes Enderson
650 S. EXETER STREET
12TH FLOOR
BALTIMORE
MD
21202
1
See Remarks
Restricted Stock Units
2017-09-29
4
M
0
73437
0
D
2017-09-29
Class B Common Stock
73437
0
D
Class B Common Stock
2017-09-29
4
M
0
73437
0
A
Class A Common Stock
73437
73437
D
Class B Common Stock
2017-09-29
4
F
0
30807
14.55
D
Class A Common Stock
30807
42630
D
Each Restricted Stock Unit ("RSU") 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 the Company's Filing 8-K filed on March 28, 2017, the Reporting Person entered into a Separation Agreement with the Company (a copy of which was attached to the Company's filing 10-k filed on May 11, 2017) (the "Separation Agreement"). Pursuant to the terms of the Separation Agreement, vesting of the Reporting Person's RSUs was accelerated as of the Reporting Person's last day of employment by the Company. The Reporting Person's Employment terminated as of September 30, 2017. As this date was a Saturday, the RSUs vested as of the immediately prior business day, September 29, 2017 (the "Separation Date"). As of the Separation Date, the Reporting Person owned 73,437 RSUs.
Each share of Class B Common Stock of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company 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 Separation Date, the closing price of one share of the Company's Class A Common Stock traded on the NASDAQ Stock Exchange was $14.55. On September 29, 2017, 30,807 shares of the Company's Class B Common Stock otherwise issuable upon the vesting of the RSUs were forfeited to pay the applicable withholding taxes due in connection with the RSUs' vesting.
As previously reported on Form 8-K filed on March 28, 2017, the Reporting Person's employment as President and Chief Operating Officer of Laureate Education, Inc. terminated effective March 23, 2017.
/s/ Sean P. Mulcahy, Attorney-in-Fact
2017-10-03