Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LAUR | Common Stock | Options Exercise | $1.71M | +174K | +25.93% | $9.85 | 844K | Mar 9, 2022 | Direct | F1 |
transaction | LAUR | Common Stock | Sale | -$2.09M | -174K | -20.59% | $12.01 | 670K | Mar 9, 2022 | Direct | F1, F2 |
transaction | LAUR | Common Stock | Options Exercise | $798K | +81K | +12.09% | $9.85 | 751K | Mar 10, 2022 | Direct | F1 |
transaction | LAUR | Common Stock | Sale | -$977K | -81K | -10.79% | $12.05 | 670K | Mar 10, 2022 | Direct | F1, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LAUR | Employee Stock Option (right to buy) | Options Exercise | $0 | -125K | -68.72% | $0.00 | 56.9K | Mar 9, 2022 | Common Stock | 125K | $9.85 | Direct | F1, F4, F5 |
transaction | LAUR | Employee Stock Option (right to buy) | Options Exercise | $0 | -48.7K | -66.91% | $0.00 | 24.1K | Mar 9, 2022 | Common Stock | 48.7K | $9.85 | Direct | F1, F4, F6 |
transaction | LAUR | Employee Stock Option (right to buy) | Options Exercise | $0 | -56.9K | -100% | $0.00* | 0 | Mar 10, 2022 | Common Stock | 56.9K | $9.85 | Direct | F1, F4, F5 |
transaction | LAUR | Employee Stock Option (right to buy) | Options Exercise | $0 | -24.1K | -100% | $0.00* | 0 | Mar 10, 2022 | Common Stock | 24.1K | $9.85 | Direct | F1, F4, F6 |
Id | Content |
---|---|
F1 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on November 23, 2021 with respect to two option grants expiring on October 2, 2023. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.07, inclusive. The reporting person undertakes to provide to Laureate Education, Inc., any security holder of Laureate Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.165, inclusive. |
F4 | In connection with special cash distributions declared on September 15, 2021 and December 3, 2021, the Board approved certain required adjustments under the Company's equity award compensation plans, pursuant to which the exercise price of the Company's outstanding stock options were reduced by $7.01 and $0.58 per share, respectively. |
F5 | The option vested in substantially equal installments on December 31, 2013, 2014, 2015, 2016 and 2017. |
F6 | The option vested in substantially equal installments on December 31, 2013, 2014, 2015 and 2017 and April 15, 2018. |