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