0001127602-19-010460.txt : 20190307 0001127602-19-010460.hdr.sgml : 20190307 20190307183754 ACCESSION NUMBER: 0001127602-19-010460 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190306 FILED AS OF DATE: 20190307 DATE AS OF CHANGE: 20190307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cardoso Marcelo CENTRAL INDEX KEY: 0001769387 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38002 FILM NUMBER: 19667079 MAIL ADDRESS: STREET 1: LAUREATE EDUCATION, INC. STREET 2: 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 3 1 form3.xml PRIMARY DOCUMENT X0206 3 2019-03-06 0 0000912766 LAUREATE EDUCATION, INC. LAUR 0001769387 Cardoso Marcelo 650 S. EXETER STREET BALTIMORE MD 21202 1 Chief Transformation Officer Class A Common Stock 25394 D Employee Stock Option (Right to Buy) 27.04 2021-06-01 Class B Common Stock 29250 D Employee Stock Option (Right to Buy) 31.92 2022-09-13 Class B Common Stock 18000 D Employee Stock Option (Right to Buy) 17.44 2023-10-02 Class B Common Stock 11650 D Employee Stock Option (right to buy) 17.89 2027-06-14 Class A Common Stock 2776 D Employee Stock Option (right to buy) 13.97 2028-03-07 Class A Common Stock 9697 D Performance Share Units 0 Class A Common Stock 20000 D These options are fully exerciseable. This option vests in three equal annual installments. The first two annual installments vested on December 31, 2017 and December 31, 2018. Subject to the reporting person's continued employment, the final installment will vest on December 31, 2019. This option vests in three equal annual installments. The first annual installment vested on December 31, 2018. Subject to the reporting person's continued employment, the final two installments will vest on December 31, 2019, and December 31, 2020. Subject to the reporting person's continued employment by the Company, Performance Share Units (PSUs) vest in one-third annual tranches on each of December 31, 2018, December 31, 2019, and December 31, 2020, provided that the average closing price per share of the Company's Class A Common Stock as reported on the NASDAQ Global Select Market over the thirty (30) day period preceding those dates is equal to or greater than (i) $20 for those PSUs vesting on December 31, 2018, (ii) $22.50 for those PSUs vesting on December 31, 2019, and (iii) $25 for those PSUs vesting on December 31, 2020. Should the thirty day trailing average fall short of these targets for either December 31, 2018, December 31, 2019, or both, the PSUs for the year(s) in which the target is missed may vest if the trailing average target is achieved in the succeeding year. /s/ Sean P. Mulcahy, Attorney-in-Fact 2019-03-07