Marcelo Cardoso - May 28, 2021 Form 3 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Laura Acton, attorney-in-fact for Mr. Cardoso
Stock symbol
LAUR
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
3
Date filed
6/2/2021, 04:08 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LAUR Class A Common Stock 68K May 28, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class B Common Stock 29.3K $27.04 Direct F2, F3
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class B Common Stock 18K $31.92 Direct F2, F3
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class B Common Stock 11.7K $17.44 Direct F2, F3
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class A Common Stock 2.78K $17.89 Direct F2
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class A Common Stock 9.7K $13.97 Direct F2
holding LAUR Employee Stock Option (Right to Buy) May 28, 2021 Class A Common Stock 13.7K $14.90 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18,857 restricted stock units, 8,655 of which will vest on December 31, 2021, 6,808 of which will vest on December 31, 2022 and 3,394 of which will vest on December 31, 2023, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F2 These options are fully exercisable.
F3 Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.
F4 This option vests in three equal annual installments. The first two annual installments vested on December 31, 2019 and December 31, 2020. Subject to the reporting person's continued employment, the final installment will vest on December 31, 2021.

Remarks:

Exhibit List: Exhibit 24 - Limited Power of Attorney