SEC Form 4 · accession 0001127602-18-000809

LAUREATE EDUCATION, INC. · LAUR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Tal Darmon

Officer — Chief Accounting Officer

Period of report

Dec 31, 2017

Accepted (ET)

Jan 3, 2018 · 6:44 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
Class A Common Stock^F1	Dec 31, 2017	C	178	—	A	178	D
Class A Common Stock^F2	Dec 31, 2017	M	668	—	A	846	D
Class A Common Stock	Dec 31, 2017	F	243	$13.59	D	603	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 Units^F5,F4	—	Dec 31, 2017	M	280	D	—	—	Class B Common Stock	280	281	D
Class B Common Stock^F5,F1	—	Dec 31, 2017	M	280	A	—	—	Class A Common Stock	280	357	D
Class B Common Stock^F1,F3	—	Dec 31, 2017	F	102	D	—	—	Class A Common Stock	102	77	D
Class B Common Stock^F1	—	Dec 31, 2017	C	178	D	—	—	Class A Common Stock	178	179	D
Restricted Stock Units^F6,F2	—	Dec 31, 2017	M	668	D	—	—	Class A Common Stock	668	1,334	D

Explanation of responses

F1Each share of Class B common stock of Laureate Education, Inc. (the "Company") is convertible into one share of Class A common stock of the Company upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.
F2As reported in Footnote 1 of the Reporting Person's Form 4 filed on June 17, 2017, each Restricted Stock Unit represents the right to receive one share of Class A common stock of the Company subject to the Reporting Person's continued employment by the Company.
F3Shares withheld from Restricted Stock Unit vestings 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.
F4As reported at Footnote 10 in the Reporting Person's Form 3, each Restricted Stock Unit represents the right to receive one share of the Company's Class B common stock, subject to the reporting person's continued employment by the Company.
F5On May 2, 2016, the Reporting Person was granted 841 Restricted Stock Units (which vest as Class B shares of common stock) vesting in one-third annual installments on December 31, 2016, December 31, 2017, and December 31, 2018, subject to the Reporting Person's continued employment by the Company.
F6On June 14, 2017, the Reporting Person was granted 2,002 Restricted Stock Units (which vest as Class A shares of common stock) vesting in one-third annual installments on December 31, 2017, December 31, 2018 and December 31, 2019, subject to the Reporting Person's continued employment by the Company.