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