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