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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 17.44 | 03/30/2018 | A | 4,400 | (2) | 10/02/2023 | Class B Common Stock | 4,400 | $ 0 | 51,311 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Loureiro Jose Roberto 650 S. EXETER STREET 12TH FLOOR BALTIMORE, MD 21202 |
Chief Executive Officer Brazil |
/s/ Sean P. Mulcahy, Attorney-in-Fact | 04/02/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents 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. |
(2) | These options are fully vested and exercisable immediately. |