X0306 4 2019-03-06 0000912766 LAUREATE EDUCATION, INC. LAUR 0001696208 Darmon Tal 650 S. EXETER STREET 12TH FLOOR BALTIMORE MD 21202 1 Chief Accounting Officer Class A Common Stock 2019-03-06 4 A 0 2613 0 A 10411 D Employee Stock Option (right to buy) 14.90 2019-03-06 4 A 0 6437 0 A 2029-03-06 Class A Common Stock 6437 6437 D The 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. The option vests in three equal annual installments beginning on December 31, 2019. /s/ Sean P. Mulcahy, Attorney-in-Fact 2019-03-08