Cardoso Marcelo 4

Accession 0001415889-22-002972

CIK 0000912766other

Filed

Mar 14, 8:00 PM ET

Accepted

Mar 15, 5:30 PM ET

Size

24.2 KB

Accession

0001415889-22-002972

Form 4

Period: 2022-03-11

EVP & CHIEF OPERATING OFFICER

Transactions

Exercise/Conversion
Common Stock
2022-03-11$9.85/sh+8,322$81,972→ 127,889 total
Exercise/Conversion
Common Stock
2022-03-11$9.85/sh+3,328$32,781→ 131,227 total
Exercise/Conversion
Common Stock
2022-03-11$10.30/sh+2,776$28,593→ 134,003 total
Exercise/Conversion
Common Stock
2022-03-11$6.38/sh+9,697$61,867→ 143,700 total
Exercise/Conversion
Common Stock
2022-03-11$7.31/sh+13,656$99,825→ 157,356 total
Sale
Common Stock
2022-03-11$12.26/sh−37,779$463,057→ 119,577 total
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-11+8,322→ 0 total
Exercise: $9.85Exp: 2023-10-02→ Common Stock (8,322 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2022-03-11+3,328→ 0 total
Exercise: $9.85Exp: 2023-10-02→ Common Stock (3,328 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-11+2,776→ 0 total
Exercise: $10.30Exp: 2027-06-14→ Common Stock (2,276 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-11+9,697→ 0 total
Exercise: $6.38Exp: 2028-03-07→ Common Stock (9,697 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-11+13,656→ 0 total
Exercise: $7.31Exp: 2019-03-06→ Common Stock (13,656 underlying)

Footnotes (6)

[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.
[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.
[F4]The option vested in substantially equal installments on December 31, 2017, 2018 and 2019.
[F5]The option vested in substantially equal installments on December 31, 2018, 2019 and 2020.
[F6]The option vested in equal installments on December 31, 2019, 2020 and 2021.

Documents

1 file

LAUREATE EDUCATION, INC.

CIK 0000912766

Entity typeother