Filing Details
- Accession Number:
- 0000895345-22-000528
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-06-23 18:23:17
- Reporting Period:
- 2022-06-21
- Accepted Time:
- 2022-06-23 18:23:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
912766 | Laureate Education Inc. | LAUR | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
905226 | Cohen Steven A/Sac Capital Mgmt Lp | 72 Cummings Point Road Stamford CT 06902 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2022-06-21 | 114,889 | $11.45 | 250,000 | No | 4 | S | Indirect | See footnote |
Common Stock | Disposition | 2022-06-22 | 86,878 | $11.04 | 163,122 | No | 4 | S | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnote |
No | 4 | S | Indirect | See footnote |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 16,011,838 | Indirect | See footnote |
Footnotes
- Includes 3,215,056 shares of Common Stock, including 15,864 shares of Common Stock that were issued pursuant to the Issuer's non-employee director compensation program, held directly by CPV Holdings, LLC ("CPV Holdings"). CPV Partners, LLC ("CPV") has investment management authority over CPV Holdings. Steven A. Cohen is the managing member of CPV Holdings and the senior managing member of CPV. By virtue of his relationship to CPV and CPV Holdings, Steven A. Cohen may be deemed to have beneficial ownership over the shares of Common Stock held by CPV Holdings.
- CPV Holdings also holds, directly and indirectly, limited partnership interests in Wengen which collectively would entitle it to receive approximately 12,796,782 shares of Common Stock upon a distribution by Wengen. CPV, by virtue of its investment management authority over CPV Holdings, indirectly beneficially owns such 12,796,782 shares of Common Stock. By virtue of his relationship to CPV and CPV Holdings, Steven A. Cohen may be deemed to have beneficial ownership over the shares of Common Stock held by CPV Holdings.
- 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.
- These shares of Common Stock are held directly by a fund in which the Reporting Person may be deemed to have an indirect pecuniary interest as an indirect holder of interests in the fund. The sale transactions reflected in this Form 4 were directed by an unaffiliated third-party manager sub-advising the fund.
- Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the Class A Common Stock of the Issuer and Class B Common Stock of the Issuer have converted into Common Stock of the Issuer.