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