0001127602-19-012230.txt : 20190319 0001127602-19-012230.hdr.sgml : 20190319 20190319162137 ACCESSION NUMBER: 0001127602-19-012230 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190315 FILED AS OF DATE: 20190319 DATE AS OF CHANGE: 20190319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Darmon Tal CENTRAL INDEX KEY: 0001696208 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38002 FILM NUMBER: 19691873 MAIL ADDRESS: STREET 1: 650 SOUTH EXETER STREET CITY: BALTIMORE STATE: MD ZIP: 21202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LAUREATE EDUCATION, INC. CENTRAL INDEX KEY: 0000912766 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 521492296 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 650 S. EXETER STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4108436100 MAIL ADDRESS: STREET 1: 650 S. EXETER STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SYLVAN LEARNING SYSTEMS INC DATE OF NAME CHANGE: 19930929 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2019-03-15 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 2019-03-15 4 C 0 1154 A 11565 D Class A Common Stock 2019-03-15 4 A 0 1973 0 A 13538 D Performance Share Units 2019-03-15 4 M 0 1881 D Class B Common Stock 1881 0 D Class B Common Stock 2019-03-15 4 F 0 727 14.97 D Class A Common Stock 727 1333 D Class B Common Stock 2019-03-15 4 C 0 1154 D Class A Common Stock 1154 179 D Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation. As reported at footnote 8 in the reporting person's Form 3 filed on January 31, 2017, vesting of these performance units (and the total amount of performance units to vest) was dependent on the Company's achievement of performance goals from the period from January 1, 2016 through December 31, 2018. Based on the determination of the Company's Compensation Committee of its Board of Directors, a total of 1,881 performance units have vested for this award. On the trading day immediately prior to March 15, 2019 (the "Vesting Date"), the closing price of one share of the Company's Class A Common Stock traded on the NASDAQ Stock Exchange was $14.97. On the Vesting Date, 727 shares of the Company's Class B Common Stock otherwise issuable upon the vesting of the performance units reported in footnote 2 were forfeited to pay the applicable withholding taxes due in connection with the vesting of those units. /s/ Sean P. Mulcahy, Attorney-in-Fact 2019-03-19