Form 4 for LAUR LAUREATE EDUCATION, INC.
Accepted 2022-03-11 00:00:00 ET · period of report 2022-03-09 · accession 0001415889-22-002901 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-11 | 2022-03-09+ | LAUR | Serck-Hanssen Eilif | Pres, CEO, Dir | S - Sale+OE | $12.02 | -254.8K | 670.0K | -28% | -$3.06M |
| DM | 2022-03-11 | 2022-03-09+ | LAUR | Serck-Hanssen Eilif | Pres, CEO, Dir | M - OptEx | $9.85 | +254.8K | 843.8K | +43% | +$2.51M |
| DM | 2022-03-11 | 2022-03-09+ | LAUR | Serck-Hanssen Eilif | Pres, CEO, Dir | M - OptEx | $0.00 | -254.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-09 | S | D | 173,761 | $12.01 | 670,014 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.07, inclusive. The reporting person undertakes to provide to Laureate Education, Inc., any security holder of Laureate Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4. |
| 2 | Common | Common Stock | 2022-03-10 | S | D | 81,015 | $12.05 | 670,014 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.165, inclusive. |
| 3 | Common | Common Stock | 2022-03-10 | M | A | 81,015 | $9.85 | 751,029 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-09 | M | A | 173,761 | $9.85 | 843,775 | D | — | — | |
| 5 | Derivative | Employee Stock Option (right to buy) | 2022-03-09 | M | D | 125,057 | $0.00 | 56,926 | D | $9.85 · — to 2023-10-02 | 125,057 Common Stock | (F4) In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively. (F5) The option vested in substantially equal installments on December 31, 2013, 2014, 2015, 2016 and 2017. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2022-03-09 | M | D | 48,704 | $0.00 | 24,089 | D | $9.85 · — to 2023-10-02 | 48,704 Common Stock | (F4) In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively. (F6) The option vested in substantially equal installments on December 31, 2013, 2014, 2015 and 2017 and April 15, 2018. |
| 7 | Derivative | Employee Stock Option (right to buy) | 2022-03-10 | M | D | 56,926 | $0.00 | 0 | D | $9.85 · — to 2023-10-02 | 56,926 Common Stock | (F4) In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively. (F5) The option vested in substantially equal installments on December 31, 2013, 2014, 2015, 2016 and 2017. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2022-03-10 | M | D | 24,089 | $0.00 | 0 | D | $9.85 · — to 2023-10-02 | 24,089 Common Stock | (F4) In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively. (F6) The option vested in substantially equal installments on December 31, 2013, 2014, 2015 and 2017 and April 15, 2018. |