LAUREATE EDUCATION, INC. 4
4 · LAUREATE EDUCATION, INC. · Filed Jun 16, 2017
Insider Transaction Report
Form 4
Kaplan Jonathan
President/CEO Walden & Laur On
Transactions
- Award
Employee Stock Options (right to buy)
2017-06-14+13,760→ 13,760 totalExercise: $17.89→ Class A Common Stock (13,760 underlying)
Footnotes (1)
- [F1]On June 14, 2017 the reporting person was granted options to purchase 13,760 shares of Class A Common Stock of Laureate Education, Inc. (the "Company"). Subject to the reporting person's continued employment with the Company (A) one-third of the options will become exercisable if the Company achieves the applicable adjusted EBITDA target in accordance with the Company's 2013 Long-Term Incentive Plan and pursuant to the applicable award agreement (the "Adjusted EBITDA Target") with respect to fiscal year 2018, and (B) two-thirds of the options will become exercisable if the Company achieves the Adjusted EBITDA Target with respect to fiscal year 2019.