4//SEC Filing
LAUREATE EDUCATION, INC. 4
Accession 0001140361-17-023837
$LAURCIK 0000912766operating
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 6:26 PM ET
Size
7.2 KB
Accession
0001140361-17-023837
Insider Transaction Report
Form 4
COHEN STEVEN A/SAC CAPITAL MGMT LP
10% Owner
Transactions
- Award
Class A Common Stock
2017-06-01$16.34/sh+3,060$50,000→ 605,924 total(indirect: See Footnotes)
Footnotes (4)
- [F1]The shares of Common Stock are held directly by Cohen Private Ventures, LLC ("CPV"). The Reporting Person may be deemed to have an indirect pecuniary interest in such shares of Common Stock as an indirect holder of interests in CPV.
- [F2]In accordance with Instruction 5(b)(iv), the entire amount of the Issuer's securities held by the Fund is reported herein. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that the Reporting Person is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any securities reported herein for purposes of Section 16 of the Exchange Act or otherwise.
- [F3]Pursuant to the Issuer's non-employee director compensation program, an employee of CPV who serves as a member of the Issuer's Board of Directors (the "Affiliated Director") has elected to receive this grant of restricted stock in lieu of cash as payment of his annual retainer of $50,000 for service as a director. Further, the Affiliated Director caused the restricted stock to be granted to CPV in lieu of the Affiliated Director. Twenty-five percent of the restricted stock is vested, and seventy-five percent of the restricted stock will vest in three equal installments at the end of each remaining calendar quarter of 2017, provided that the Affiliated Director continues to serve as a director of the Issuer.
- [F4]The share price reported herein is based on the closing price of the shares as of the date of the approval of the compensatory award by the board of directors of the Issuer.
Documents
Issuer
LAUREATE EDUCATION, INC.
CIK 0000912766
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000912766
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 6:26 PM ET
- Size
- 7.2 KB