SEC Form 4 · accession 0001127602-19-010621
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
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 4:41 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 | Mar 6, 2019 | A | 2,613 | $0.00 | A | 10,411 | D |
Table II — derivative securities
| 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 | $14.90 | Mar 6, 2019 | A | 6,437 | A | — | Mar 6, 2029 | Class A Common Stock | 6,437 | 6,437 | D |
Explanation of responses
- F1The reported transaction involved the reporting person's receipt of 2,613 restricted stock units pursuant to Laureate Education, Inc.'s 2103 Long Term Incentive Plan (as the same may have been amended from time to time). The reporting person reported receipt of restricted stock units on or prior to June 14, 2017 in Table II of Form 4. Beginning with the reporting person's March 7, 2018 award of 2,820 restricted stock units, the reporting person began reporting restricted stock units in Table I. The total represents, 2,613 newly award restricted stock units granted on March 6, 2019, 667 restricted stock units previously reported in Table II, 1,880 restricted stock units previously reported in Table I, and 5,251 shares of Class A Common Stock.
- F2The option vests in three equal annual installments beginning on December 31, 2019.