4//SEC Filing
Salnoske Karl D. 4
Accession 0001127602-18-000874
CIK 0000912766other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:17 PM ET
Size
19.4 KB
Accession
0001127602-18-000874
Insider Transaction Report
Form 4
Salnoske Karl D.
Chief Information Officer
Transactions
- Conversion
Class B Common Stock
2017-12-31−239→ 0 total→ Class A Common Stock (239 underlying) - Conversion
Class A Common Stock
2017-12-31+239→ 2,286 total - Exercise/Conversion
Class A Common Stock
2017-12-31+554→ 2,840 total - Tax Payment
Class A Common Stock
2017-12-31$13.59/sh−184$2,501→ 2,656 total - Exercise/Conversion
Restricted Stock Units
2017-12-31−358→ 359 total→ Class B Common Stock (358 underlying) - Exercise/Conversion
Class B Common Stock
2017-12-31+358→ 358 total→ Class A Common Stock (358 underlying) - Tax Payment
Class B Common Stock
2017-12-31$13.59/sh−119$1,617→ 239 total→ Class A Common Stock (119 underlying) - Exercise/Conversion
Restricted Stock Units
2017-12-31−554→ 1,108 total→ Class A Common Stock (554 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]As reported in Footnote 10 of the Reporting Person's Form 3 filed on January 31, 2017, each Restricted Stock Unit represents the right to receive one share of Class B Common Stock of the Company.
- [F5]On May 2, 2016, the Reporting Person was granted 1,075 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 1,662 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 0001696028
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:17 PM ET
- Size
- 19.4 KB