4//SEC Filing
ZENTZ ROBERT W 4
Accession 0001127602-18-000866
CIK 0000912766other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 7:51 PM ET
Size
19.2 KB
Accession
0001127602-18-000866
Insider Transaction Report
Form 4
ZENTZ ROBERT W
Sr. VP,Secretary,Gen. Counsel
Transactions
- Conversion
Class A Common Stock
2017-12-31+934→ 43,010 total - Exercise/Conversion
Class A Common Stock
2017-12-31+2,114→ 45,124 total - Exercise/Conversion
Restricted Stock Units
2017-12-31−1,383→ 1,386 total→ Class B Common Stock (1,383 underlying) - Tax Payment
Class A Common Stock
2017-12-31$13.59/sh−686$9,323→ 44,438 total - Tax Payment
Class B Common Stock
2017-12-31$13.59/sh−449$6,102→ 934 total→ Class A Common Stock (449 underlying) - Exercise/Conversion
Restricted Stock Units
2017-12-31−2,114→ 4,228 total→ Class A Common Stock (2,114 underlying) - Exercise/Conversion
Class B Common Stock
2017-12-31+1,383→ 1,383 total→ Class A Common Stock (1,383 underlying) - Conversion
Class B Common Stock
2017-12-31−934→ 0 total→ Class A Common Stock (934 underlying)
Footnotes (6)
- [F1]Each share of Class B common stock of Laureate Education, Inc. (the "Company") is convertible into one share of Class A common stock of the Company upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.
- [F2]As reported in Footnote 1 of the Reporting Person's Form 4 filed on June 17, 2017, each Restricted Stock Unit represents the right to receive one share of Class A common stock of the Company subject to the Reporting Person's continued employment by the Company.
- [F3]Shares withheld from Restricted Stock Unit vestings in satisfaction of tax obligations based on closing price of $13.59 on December 28, 2017 of the Company's Class A common stock as traded on the NASDAQ stock exchange.
- [F4]Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock.
- [F5]On May 2, 2016, the Reporting Person was granted 4,152 Restricted Stock Units (which vest as Class B shares of common stock) vesting in one-third annual installments on December 31, 2016, December 31, 2017, and December 31, 2018, subject to the Reporting Person's continued employment by the Company.
- [F6]On June 14, 2017, the Reporting Person was granted 6,342 Restricted Stock Units (which vest as Class A shares of common stock) vesting in one-third annual installments on December 31, 2017, December 31, 2018 and December 31, 2019, subject to the Reporting Person's continued employment by the Company.
Documents
Issuer
LAUREATE EDUCATION, INC.
CIK 0000912766
Entity typeother
Related Parties
1- filerCIK 0001242920
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 7:51 PM ET
- Size
- 19.2 KB