Ian Kendell Snow - May 24, 2023 Form 4 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Signature
See Exhibit 99.1
Stock symbol
LAUR
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 02:49 PM
Previous filing
May 27, 2022
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAUR Common Stock Award $0 +10.2K +30.44% $0.00 43.6K May 24, 2023 See footnote F1, F2
holding LAUR Common Stock 2.84M May 24, 2023 See footnote F3
holding LAUR Common Stock 2.08M May 24, 2023 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 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 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.: 2,543 RSUs vest on each of June 30, 2023, September 30, 2023 and December 31, 2023.
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 and Signatures, incorporated herein by reference.