0001127602-18-021408.txt : 20180619
0001127602-18-021408.hdr.sgml : 20180619
20180619164436
ACCESSION NUMBER: 0001127602-18-021408
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180617
FILED AS OF DATE: 20180619
DATE AS OF CHANGE: 20180619
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Berckemeyer Ricardo M.
CENTRAL INDEX KEY: 0001696046
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 18907650
MAIL ADDRESS:
STREET 1: 9 ARDSLEY WAY
CITY: SIMSBURY
STATE: CT
ZIP: 06070
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
2018-06-17
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001696046
Berckemeyer Ricardo M.
650 S. EXETER STREET, 12TH FLOOR
BALTIMORE
MD
21202
1
President & COO
Class A Common Stock
2018-06-17
4
C
0
16231
0
A
75626
D
Performance Share Units
2018-06-17
4
M
0
8642
0
D
Class B Common Stock
8642
0
D
Class B Common Stock
2018-06-17
4
M
0
8642
0
A
Class A Common Stock
8642
8642
D
Restricted Stock Units
2018-06-17
4
M
0
21607
0
D
2018-06-17
Class B Common Stock
21607
0
D
Class B Common Stock
2018-06-17
4
M
0
21607
0
A
Class A Common Stock
21607
30249
D
Class B Common Stock
2018-06-17
4
F
0
14018
0
D
Class A Common Stock
14018
16231
D
Class B Common Stock
2018-06-17
4
C
0
16231
0
D
Class A Common Stock
16231
0
D
Each Performance Share Unit ("PSU") represents the right to receive one share of Class B Common Stock of the Company.
As previously reported in footnote 6 on the Form 3 filed by the reporting person with the U.S. Securities and Exchange Commission on January 31, 2017, these PSUs were to vest upon the achievement by the Company of the applicable financial metrics, subject to the reporting person's continued employment with the Company, through June 17, 2018.
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.
As previously reported at footnote 7 of the reporting person's Form 3, each Restricted Stock Unit ("RSU") represents the right to receive one share of the Class B Common Stock of the Company and was issuable as shares of Class B Common Stock provided the reporting person remained employed through June 17, 2018.
On the trading day immediately prior to June 17, 2018, the closing price of one share of the Company's Class A Common Stock traded on the NASDAQ Stock Exchange was $14.63. On June 18, 2018, 14,018 shares of the Company's Class B Common Stock otherwise issueable upon the vesting of the RSUs and PSUs reported herein were forfeited to pay the applicable withholding taxes due in connection with these vestings.
/s/ Sean P. Mulcahy, Attorney-in-Fact
2018-06-19