SEC Form 4 · accession 0001104659-17-037504
LAUREATE EDUCATION, INC. · LAUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Durham
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912766
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 1, 2017 | A | 4,590 | $16.34 | A | 4,590 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant of restricted stock in lieu of cash as payment of approximately half of such person's annual retainer of $150,000 for service as a director. 25% of the restricted stock is vested and 75% will vest in three equal installments at the end of each remaining calendar quarter of 2017, provided that the reporting person continues to serve as a director of the Company.