Wengen Alberta, LP - Dec 1, 2023 Form 4 Insider Report for LAUREATE EDUCATION, INC. (LAUR)

Role: 10%+ Owner
Signature: WENGEN ALBERTA, LIMITED PARTNERSHIP By: Wengen Investments Limited, its general partner By: /s/ Nancy Hung, Name: Nancy Hung, Title: Director
Stock symbol: LAUR
Transactions as of: Dec 1, 2023
Transactions value $: -$9,410,342
Form type: 4
Date filed: 12/5/2023, 07:35 PM
Previous filing: Nov 30, 2023
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAUR	Class A Common Stock	Sale	-$9.14M	-700K	-3.66%	$13.05	18.4M	Dec 1, 2023	Direct	F2
transaction	LAUR	Class A Common Stock	Sale	-$273K	-20.5K	-0.11%	$13.28	18.4M	Dec 1, 2023	Direct	F1, F2
transaction	LAUR	Class A Common Stock	Sale	-$2.65K	-200	0%	$13.25	18.4M	Dec 4, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $13.25 to $13.33 on December 1, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	Represents shares held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

Content

This transaction was executed in multiple trades at prices ranging from $13.25 to $13.33 on December 1, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Represents shares held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.