0001415889-24-008339.txt : 20240318
0001415889-24-008339.hdr.sgml : 20240318
20240318183740
ACCESSION NUMBER: 0001415889-24-008339
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211029
FILED AS OF DATE: 20240318
DATE AS OF CHANGE: 20240318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: del Corro Pedro
CENTRAL INDEX KEY: 0001696382
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 24760528
MAIL ADDRESS:
STREET 1: C/O LAUREATE EDUCATION, INC.
STREET 2: 650 S. 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]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 521492296
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: PMB 1158, 1000 BRICKELL AVE., SUITE 715
CITY: MIAMI
STATE: FL
ZIP: 33131
BUSINESS PHONE: 786-209-3368
MAIL ADDRESS:
STREET 1: PMB 1158, 1000 BRICKELL AVE., SUITE 715
CITY: MIAMI
STATE: FL
ZIP: 33131
FORMER COMPANY:
FORMER CONFORMED NAME: SYLVAN LEARNING SYSTEMS INC
DATE OF NAME CHANGE: 19930929
4
1
form4-03182024_100334.xml
X0508
4
2021-10-29
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001696382
del Corro Pedro
C/O LAUREATE EDUCATION, INC.
PMB 1158, 1000 BRICKELL AVE., SUITE 715
MIAMI
FL
33131
true
false
false
false
0
Common Stock
2021-10-29
4
A
0
47661
A
47661
I
See footnote
Common Stock
2023-11-14
4
S
0
614
13.377
D
47047
I
See footnote
Common Stock
2023-11-15
4
S
0
14634
12.70
D
32413
I
See footnote
Common Stock
2023-11-15
4
S
0
154
13.3108
D
32259
I
See footnote
Common Stock
2023-12-01
4
S
0
6830
13.05
D
25429
I
See footnote
Common Stock
2024-03-05
4
S
0
23258
12.62
D
0
I
See footnote
Common Stock
2024-03-05
4
S
0
1086
12.62
D
46729
D
Common Stock
2024-03-05
4
S
0
1085
12.62
D
5957
I
By spouse
Class B Common Stock
2021-10-29
4
D
0
47661
0
D
Class A Common Stock
47661
0
I
See footnote
Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the Class B Common Stock of the Issuer converted into Common Stock of the Issuer effective as of October 29, 2021. Such Class B Common Stock was previously indirectly held by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.
Reflects Common Stock of the Issuer held directly by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.
This transaction was executed by Wengen in multiple trades at prices ranging from $13.270 to $13.435 on November 14, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed by Wengen in multiple trades at prices ranging from $13.150 to $13.480 on November 15, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed by Wengen in multiple trades at prices ranging from $13.250 to $13.330 on December 1, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
On March 5, 2024, Mr. del Corro and his spouse and certain other investors in the Issuer entered into a Stock Purchase Agreement with the Issuer pursuant to which such investors sold certain shares of Common Stock to the Issuer at a price of $12.62 per share. In connection with such Stock Purchase Agreement, Wengen redeemed the interests of certain investors, including Mr. del Corro and his spouse, and certain investment partnerships through which Mr. del Corro and his spouse indirectly held shares, by distributing to such investors certain shares of Common Stock previously indirectly attributable to such investors, including 1,086 shares and 1,085 shares distributed to Mr. del Corro and his spouse, respectively, and 23,258 shares distributed to certain investment partnerships through which Mr. del Corro and his wife indirectly held shares, which shares were then sold to the Issuer pursuant to the Stock Purchase Agreement.
Reflects shares of Common Stock previously held by Wengen and distributed to certain investment partnerships through which Mr. del Corro indirectly beneficially owned such shares of Common Stock, directly and indirectly, in connection with the Stock Purchase Agreement described in footnote (6).
/s/ Leslie S. Brush, Attorney-in-Fact
2024-03-18