del Corro Pedro 4
4 · LAUREATE EDUCATION, INC. · Filed Mar 30, 2021
Insider Transaction Report
Form 4
del Corro Pedro
Director
Transactions
- Conversion
Class A Common Stock
2021-03-26+6,467→ 20,087 total - Conversion
Class B Common Stock
2021-03-26−11,916→ 47,662 total(indirect: See Footnote)→ Class A Common Stock (11,916 underlying) - Conversion
Class A Common Stock
2021-03-26+5,449→ 5,449 total(indirect: By Spouse)
Footnotes (3)
- [F1]Upon distribution of shares of Class B common stock ("Class B Common Stock") of Laureate Education, Inc. (the "Issuer") by Wengen Alberta, Limited Partnership ("Wengen") to its investors pro rata based on their respective ownership interest in Wengen, such shares of Class B Common Stock automatically converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
- [F3]Shares of Class B Common Stock are held directly by Wengen. Mr. del Corro may be deemed to indirectly beneficially own these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.