0001127602-18-021419.txt : 20180619
0001127602-18-021419.hdr.sgml : 20180619
20180619170104
ACCESSION NUMBER: 0001127602-18-021419
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: Broker Neel
CENTRAL INDEX KEY: 0001725127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 18907790
MAIL ADDRESS:
STREET 1: 650 SOUTH EXETER STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
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
0001725127
Broker Neel
650 S. EXETER STREET
12TH FLOOR
BALTIMORE
MD
21202
1
CEO EMEAA
Class A Common Stock
2018-06-17
4
A
0
2165
0
A
9954
D
Class A Common Stock
2018-06-17
4
C
0
5414
0
A
15368
D
Restricted Stock Units
2018-06-17
4
M
0
8928
0
D
2018-06-17
Class B Common Stock
8928
0
D
Class B Common Stock
2018-06-17
4
M
0
8928
0
A
Class A Common Stock
8928
10774
D
Class B Common Stock
2018-06-17
4
F
0
3514
0
D
Class A Common Stock
3514
7260
D
Class B Common Stock
2018-06-17
4
C
0
5414
0
D
Class A Common Stock
5414
1846
D
Represents the net issuance of shares in connection with the vesting of 3,571 Performance Share Units originally awarded pursuant to a Performance Share Units Notice dated October 25, 2016, the terms of which provide that 3,571
PSUs granted thereunder shall vest upon satisfaction of the performance goals set forth therein. Upon their vesting, the PSUs granted pursuant to the October 2016 award were originally issueable as shares of Class B Common Stock of the Company. The reporting person has previously provided a standing instruction to convert the issueable Class B Shares to Class A Shares upon their issuance. Shares of Class B Common Stock of the Company are convertible to
shares of Class A Common Stock upon the written election of the shareholder and otherwise in accordance with the Company's charter. In connection with the PSUs' vesting, 1,406 shares were withheld to satisfy the reporting person's
withholding tax obligations. This amount was determined based upon the closing price on the date immediately prior to the vesting date of $14.63 per share of Class A Common Stock as traded on the NASDAQ Stock Exchange.
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock, as previously reported by the reporting person at footnote 2 of the Form 3 filed on January 11, 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.
In connection with the RSUs' vesting, 3,514 shares were withheld to satisfy the reporting person's withholding tax obligations. This amount was determined based upon the closing price on the date immediately prior to the vesting date
of $14.63 per share of Class A Common Stock as traded on the NASDAQ Stock Exchange.
/s/ Sean P. Mulcahy, Attorney-in-Fact
2018-06-19