0001415889-22-002972.txt : 20220315
0001415889-22-002972.hdr.sgml : 20220315
20220315173025
ACCESSION NUMBER: 0001415889-22-002972
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220311
FILED AS OF DATE: 20220315
DATE AS OF CHANGE: 20220315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cardoso Marcelo
CENTRAL INDEX KEY: 0001769387
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 22742428
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
4
1
form4-03152022_050302.xml
X0306
4
2022-03-11
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001769387
Cardoso Marcelo
C/O LAUREATE EDUCATION, INC.
78 S.W. 7TH STREET, SUITE 900
MIAMI
FL
33130
false
true
false
false
CHIEF OPERATING OFFICER
Common Stock
2022-03-11
4
M
0
8322
9.85
A
127889
D
Common Stock
2022-03-11
4
M
0
3328
9.85
A
131227
D
Common Stock
2022-03-11
4
M
0
2776
10.30
A
134003
D
Common Stock
2022-03-11
4
M
0
9697
6.38
A
143700
D
Common Stock
2022-03-11
4
M
0
13656
7.31
A
157356
D
Common Stock
2022-03-11
4
S
0
37779
12.257
D
119577
D
Employee Stock Option (right to buy)
9.85
2022-03-11
4
M
0
8322
0
A
2023-10-02
Common Stock
8322
0
D
Employee Stock Option (Right to Buy)
9.85
2022-03-11
4
M
0
3328
0
A
2023-10-02
Common Stock
3328
0
D
Employee Stock Option (right to buy)
10.30
2022-03-11
4
M
0
2776
0
A
2027-06-14
Common Stock
2276
0
D
Employee Stock Option (right to buy)
6.38
2022-03-11
4
M
0
9697
0
A
2028-03-07
Common Stock
9697
0
D
Employee Stock Option (right to buy)
7.31
2022-03-11
4
M
0
13656
0
A
2019-03-06
Common Stock
13656
0
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.22 to $12.291, inclusive. The reporting person undertakes to provide to Laureate Education, Inc., any security holder of Laureate Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively.
The option vested in installments of 13% of options granted on each of December 31, 2013, 2014, 2015 and 2016 and 48% of options granted on December 31, 2017.
The option vested in substantially equal installments on December 31, 2017, 2018 and 2019.
The option vested in substantially equal installments on December 31, 2018, 2019 and 2020.
The option vested in equal installments on December 31, 2019, 2020 and 2021.
/s/ Leslie S. Brush, Attorney-in-Fact
2022-03-15