0001127602-19-000716.txt : 20190103
0001127602-19-000716.hdr.sgml : 20190103
20190103163203
ACCESSION NUMBER: 0001127602-19-000716
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181231
FILED AS OF DATE: 20190103
DATE AS OF CHANGE: 20190103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Darmon Tal
CENTRAL INDEX KEY: 0001696208
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 19506030
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
2018-12-31
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001696208
Darmon Tal
650 S. EXETER STREET
12TH FLOOR
BALTIMORE
MD
21202
1
Chief Accounting Officer
Class A Common Stock
2018-12-31
4
M
0
667
0
A
4980
D
Class A Common Stock
2018-12-31
4
C
0
4031
0
A
9011
D
Class A Common Stock
2018-12-31
4
F
0
1566
14.82
D
7445
D
Class A Common Stock
2018-12-31
4
F
0
314
14.82
D
7131
D
Restricted Stock Units
2018-12-31
4
M
0
667
0
D
Class A Common Stock
667
667
D
Restricted Stock Units
2018-12-31
4
M
0
3750
0
D
2018-12-31
Class B Common Stock
3750
0
D
Class B Common Stock
2018-12-31
4
M
0
3750
0
A
Class A Common Stock
3750
3929
D
Restricted Stock Units
2018-12-31
4
M
0
281
0
D
Class B Common Stock
281
0
D
Class B Common Stock
2018-12-31
4
M
0
281
0
A
Class A Common Stock
281
4210
D
Class B Common Stock
2018-12-31
4
C
0
4031
0
D
Class A Common Stock
4031
179
D
Shares withheld from vesting of Restricted Stock Units originally granted on September 17, 2015, May 2, 2016, and June 14, 2017 (as further detailed below) in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange.
Shares withheld from vesting of Restricted Stock Units originally granted on March 7, 2018 (having been previously reported as shares of Class A Common Stock on the reporting person's Form 4 filed on March 9, 2018) in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange. These RSUs are vesting in three equal annual installments on each of
December 31, 2018, December 31, 2019, and December 31, 2020.
As reported in Footnote 1 of the Reporting Person's Form 4 filed on June 17, 2017, each Restricted Stock Unit represents the right to receive one share of Class A common stock of the Company subject to the Reporting Person's continued employment by the Company.
On June 14, 2017, the Reporting Person was granted 2,002 Restricted Stock Units (which vest as Class A shares of common stock) vesting in one-third annual installments on December 31, 2017, December 31, 2018 and December 31, 2019, subject to the Reporting Person's continued employment by the Company.
On September 17, 2015, the reporting person was granted 3,750 Restricted Stock Units, convertible to shares of the Company's Class B Common Stock, and each of which vested on December 31, 2018.
Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("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 May 2, 2016, the Reporting Person was awarded 841 Restricted Stock Units, which vested as shares of the Company's Class B Common Stock on each of December 31, 2016, December 31, 2017, and December 31, 2018.
/s/ Sean P. Mulcahy, Attorney-in-Fact
2019-01-03