Andrew B. Cohen - May 24, 2023 Form 4 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Role
Director
Signature
/s/ Andrew B. Cohen
Stock symbol
LAUR
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:03 PM
Previous filing
May 22, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAUR Common Stock Award $0 +10.2K +33.24% $0.00 40.8K May 24, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 24, 2023, Laureate Education, Inc. (the "Issuer") granted to the Reporting Person an aggregate of 10,171 shares of common stock, par value $0.004 per share ("Common Stock") consisting of 2,542 shares of Common Stock and 7,629 restricted stock units ("RSUs"), as part of the Issuer's 2023 annual retainer for non-employee director service in connection with the Reporting Person's service as a member of the Issuer's Board of Directors.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest ratably in three installments at the end of each of the remaining calendar quarters of 2023, provided that Mr. Cohen continues to serve as a Director of the Issuer's Board.
F3 The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.

Remarks:

The Reporting Person, an employee of an affiliate of CPV Holdings, LLC ("CPV Holdings"), is currently a member of the Board of Directors of the Issuer. While certain affiliates of CPV Holdings have previously made separate filings under Section 16 of the Exchange Act with respect to securities of the Issuer that they may be deemed to beneficially own, the Reporting Person disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by affiliates of CPV Holdings.