4//SEC Filing
del Corro Pedro 4
Accession 0001415889-24-008339
CIK 0000912766other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 6:37 PM ET
Size
21.5 KB
Accession
0001415889-24-008339
Insider Transaction Report
Form 4
del Corro Pedro
Director
Transactions
- Sale
Common Stock
2023-11-15$12.70/sh−14,634$185,852→ 32,413 total(indirect: See footnote) - Award
Common Stock
2021-10-29+47,661→ 47,661 total(indirect: See footnote) - Sale
Common Stock
2023-11-14$13.38/sh−614$8,213→ 47,047 total(indirect: See footnote) - Sale
Common Stock
2023-11-15$13.31/sh−154$2,050→ 32,259 total(indirect: See footnote) - Sale
Common Stock
2023-12-01$13.05/sh−6,830$89,132→ 25,429 total(indirect: See footnote) - Sale
Common Stock
2024-03-05$12.62/sh−23,258$293,516→ 0 total(indirect: See footnote) - Sale
Common Stock
2024-03-05$12.62/sh−1,086$13,705→ 46,729 total - Sale
Common Stock
2024-03-05$12.62/sh−1,085$13,693→ 5,957 total(indirect: By Spouse) - Disposition to Issuer
Class B Common Stock
2021-10-29−47,661→ 0 total(indirect: See footnote)→ Class A Common Stock (47,661 underlying)
Footnotes (7)
- [F1]Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the Class B Common Stock of the Issuer converted into Common Stock of the Issuer effective as of October 29, 2021. Such Class B Common Stock was previously indirectly held by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.
- [F2]Reflects Common Stock of the Issuer held directly by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.
- [F3]This transaction was executed by Wengen in multiple trades at prices ranging from $13.270 to $13.435 on November 14, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]This transaction was executed by Wengen in multiple trades at prices ranging from $13.150 to $13.480 on November 15, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed by Wengen in multiple trades at prices ranging from $13.250 to $13.330 on December 1, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]On March 5, 2024, Mr. del Corro and his spouse and certain other investors in the Issuer entered into a Stock Purchase Agreement with the Issuer pursuant to which such investors sold certain shares of Common Stock to the Issuer at a price of $12.62 per share. In connection with such Stock Purchase Agreement, Wengen redeemed the interests of certain investors, including Mr. del Corro and his spouse, and certain investment partnerships through which Mr. del Corro and his spouse indirectly held shares, by distributing to such investors certain shares of Common Stock previously indirectly attributable to such investors, including 1,086 shares and 1,085 shares distributed to Mr. del Corro and his spouse, respectively, and 23,258 shares distributed to certain investment partnerships through which Mr. del Corro and his wife indirectly held shares, which shares were then sold to the Issuer pursuant to the Stock Purchase Agreement.
- [F7]Reflects shares of Common Stock previously held by Wengen and distributed to certain investment partnerships through which Mr. del Corro indirectly beneficially owned such shares of Common Stock, directly and indirectly, in connection with the Stock Purchase Agreement described in footnote (6).
Documents
Issuer
LAUREATE EDUCATION, INC.
CIK 0000912766
Entity typeother
Related Parties
1- filerCIK 0001696382
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 6:37 PM ET
- Size
- 21.5 KB