Ian Kendell Snow - 25 May 2022 Form 4 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Role
Director, 10%+ Owner
Signature
/s/ SPG GP, LLC
Issuer symbol
LAUR
Transactions as of
25 May 2022
Net transactions value
$0
Form type
4
Filing time
27 May 2022, 16:31:20 UTC
Previous filing
19 Apr 2022
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAUR Common Stock Award $0 +9,177 +38% $0.000000 33,418 25 May 2022 See footnote F1, F2
holding LAUR Common Stock 2,841,835 25 May 2022 See footnote F3
holding LAUR Common Stock 2,071,338 25 May 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of 2,174 shares of common stock and 7,003 restricted stock units ("RSUs") as part of the 2022 annual retainer for non-employee director service. The RSUs will vest as follows, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.: 2,713 RSUs vest on June 30, 2022 and 2,415 RSUs vest on each of September 30, 2022 and December 31, 2022.
F2 Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P ., and Snow Phipps Group (RPV), L.P. beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.
F3 Represents shares of Common Stock held directly by Wengen Alberta, Limited Partnership ("Wengen"), whose general partner is Wengen Investments Limited. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.
F4 Represents shares of Common Stock held directly by SPG GP, LLC, SPG Co-Investment, L.P., Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group, LLC and Snow Phipps Group (RPV), L.P.

Remarks:

Exhibit 99.1 - Joint Filer Information, incorporated herein by reference.