Andrew B. Cohen - May 30, 2024 Form 4 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Role
Director
Signature
/s/ Andrew B. Cohen
Stock symbol
LAUR
Transactions as of
May 30, 2024
Transactions value $
$0
Form type
4
Date filed
6/3/2024, 04:21 PM
Previous 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 +8.94K +21.93% $0.00 49.7K May 30, 2024 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 30, 2024, Laureate Education, Inc. (the "Issuer") granted to the Reporting Person an aggregate of 8,939 shares of common stock, par value $0.004 per share ("Common Stock") consisting of 1,989 shares of Common Stock and 6,950 restricted stock units ("RSUs"), as part of the Issuer's (i) 2024 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 (the "Board") and (ii) the 2024 annual chairman retainer.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest in three installments at the end of each of the remaining calendar quarters of 2024, provided that the Reporting Person 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, if any. 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 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.