SEC Form 4 · accession 0001127602-18-000747
LAUREATE EDUCATION, INC. · LAUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eilif Serck-Hanssen
Officer — President, CAO & CFO
Period of report
Dec 31, 2017
Accepted (ET)
Jan 3, 2018 · 5:43 pm EST
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 | Dec 31, 2017 | M | 10,417 | — | A | 10,417 | D | |
| Class A Common Stock | Dec 31, 2017 | F | 5,264 | $13.59 | D | 5,153 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Dec 31, 2017 | M | 10,417 | D | — | — | Class A Common Stock | 10,417 | 20,833 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Class A Common Stock ("Class A Common Stock") of Laureate Education, Inc. (the "Company").
- F2Shares withheld from RSU vesting in satisfaction of tax obligations based on closing price of $13.59 on December 28, 2017 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange.
- F3On June 14, 2017, the reporting person was granted 31,250 restricted stock units, vesting in one-third annual installments on each of December 31, 2017, December 31, 2018, and December 31, 2019, subject to the reporting person's continued employment by the Company.