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