SEC Form 4 · accession 0001127602-18-013865

LAUREATE EDUCATION, INC. · LAUR

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

Reporting owner

Officer — Chief Executive Officer Brazil

Period of report

Mar 30, 2018

Accepted (ET)

Apr 3, 2018 · 6:45 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 Stock^F1	Mar 30, 2018	A	4,282	$0.00	A	13,309	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F2	$17.44	Mar 30, 2018	A	4,400	A	—	Oct 2, 2023	Class B Common Stock	4,400	51,311	D

F1Represents the sum of 803 and 3,479 Class A Shares of Laureate Education, Inc. The 803 Class A Shares vested pursuant to a Performance Share Units Notice Dated June 14, 2017, the terms of which provide that the 2,409 PSUs granted thereunder shall vest in one-third installments upon satisfaction of the performance goals set forth therein with respect to the applicable fiscal year. The PSUs granted under the June 2017 award are issuable as Class A Common Stock of the Company on a one-for-one basis. The 3,479 Class A shares represent 3,479 Performance Share Units originally awarded pursuant to a Performance Share Units Notice dated October 2, 2013, the terms of which provide that 3,479 PSUs granted thereunder shall vest upon satisfaction sof the performance goals set forth therein for fiscal year 2017. Upon their vesting, the PSU granted pursuant to the October 2013 aware were originally issueable as shares of Class B Common Stock of the Company. The reporting person has previously provided a standing instruction to convert these 3,479 Class B Shares to Class A Shares upon their issuance. Shares of Class B Common Stock of the Company are convertible to shares of Class A Common Stock upon the written election of the shareholder and otherwise in accordance with the Company's charter.
F2These options are fully vested and exercisable immediately.