4//SEC Filing
Broker Neel 4
Accession 0001127602-19-000689
CIK 0000912766other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:24 PM ET
Size
15.1 KB
Accession
0001127602-19-000689
Insider Transaction Report
Form 4
Broker Neel
CEO EMEAA
Transactions
- Tax Payment
Class A Common Stock
2018-12-31$14.82/sh−638$9,455→ 16,178 total - Exercise/Conversion
Restricted Stock Units
2018-12-31−1,448→ 1,449 total→ Class B Common Stock (1,448 underlying) - Conversion
Class B Common Stock
2018-12-31−1,448→ 1,846 total→ Class A Common Stock (1,448 underlying) - Conversion
Class A Common Stock
2018-12-31+1,448→ 16,816 total - Tax Payment
Class A Common Stock
2018-12-31$14.82/sh−822$12,182→ 15,356 total - Exercise/Conversion
Class B Common Stock
2018-12-31+1,448→ 3,295 total→ Class A Common Stock (1,448 underlying)
Footnotes (4)
- [F1]Shares withheld from vesting of Restricted Stock Units originally reported at footnote 4 of the reporting person's Form 3 in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange.
- [F2]Shares withheld from vesting of Restricted Stock Units originally granted on March 7, 2018 (having been previously reported as shares of Class A Common Stock on the reporting person's Form 4 filed on March 9, 2018) in satisfaction of tax obligations based on closing price of $14.82 on December 28, 2018 of the Company's Class A Common Stock as traded on the NASDAQ stock exchange. These RSUs are vesting in three equal annual installments on each of December 31, 2018, December 31, 2019, and December 31, 2020, subject to the reporting person's continued employment with the Company.
- [F3]As reported in footnote 4 of the reporting person's Form 3 filed on January 1, 2018, each Restricted Stock Unit represents the right to receive one share of Class B Common Stock. These RSUs shall vest in two tranches with one-half vesting on December 31, 2018 and the balance vesting on December 31, 2019, subject to the reporting person's continued employment by Laureate Education, Inc.
- [F4]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.
Documents
Issuer
LAUREATE EDUCATION, INC.
CIK 0000912766
Entity typeother
Related Parties
1- filerCIK 0001725127
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:24 PM ET
- Size
- 15.1 KB