Form 4 for LAUR LAUREATE EDUCATION, INC.
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-11 · accession 0001415889-22-002972 · 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 | 2022-03-15 | 2022-03-11 | LAUR | Cardoso Marcelo | COO | M - OptEx | $8.07 | +37.8K | 157.4K | +32% | +$305.0K |
| D | 2022-03-15 | 2022-03-11 | LAUR | Cardoso Marcelo | COO | S - Sale+OE | $12.26 | -37.8K | 119.6K | -24% | -$463.2K |
| DM | 2022-03-15 | 2022-03-11 | LAUR | Cardoso Marcelo | COO | M - OptEx | $0.00 | +37.8K | 0 | New | $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 | 2022-03-11 | M | A | 8,322 | $9.85 | 127,889 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-11 | M | A | 3,328 | $9.85 | 131,227 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-11 | M | A | 2,776 | $10.30 | 134,003 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-11 | M | A | 9,697 | $6.38 | 143,700 | D | — | — | |
| 5 | Common | Common Stock | 2022-03-11 | M | A | 13,656 | $7.31 | 157,356 | D | — | — | |
| 6 | Common | Common Stock | 2022-03-11 | S | D | 37,779 | $12.26 | 119,577 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.22 to $12.291, 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 this footnote. |
| 7 | Derivative | Employee Stock Option (right to buy) | 2022-03-11 | M | A | 8,322 | $0.00 | 0 | D | $9.85 · — to 2023-10-02 | 8,322 Common Stock | (F2) 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. (F3) The option vested in installments of 13% of options granted on each of December 31, 2013, 2014, 2015 and 2016 and 48% of options granted on December 31, 2017. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2022-03-11 | M | A | 2,776 | $0.00 | 0 | D | $10.30 · — to 2027-06-14 | 2,276 Common Stock | (F2) 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. (F4) The option vested in substantially equal installments on December 31, 2017, 2018 and 2019. |
| 9 | Derivative | Employee Stock Option (right to buy) | 2022-03-11 | M | A | 9,697 | $0.00 | 0 | D | $6.38 · — to 2028-03-07 | 9,697 Common Stock | (F2) 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, 2018, 2019 and 2020. |
| 10 | Derivative | Employee Stock Option (right to buy) | 2022-03-11 | M | A | 13,656 | $0.00 | 0 | D | $7.31 · — to 2019-03-06 | 13,656 Common Stock | (F2) 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 equal installments on December 31, 2019, 2020 and 2021. |
| 11 | Derivative | Employee Stock Option (Right to Buy) | 2022-03-11 | M | A | 3,328 | $0.00 | 0 | D | $9.85 · — to 2023-10-02 | 3,328 Common Stock | (F2) 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. (F3) The option vested in installments of 13% of options granted on each of December 31, 2013, 2014, 2015 and 2016 and 48% of options granted on December 31, 2017. |