SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Snow Ian Kendell

(Last) (First) (Middle)
545 MADISON AVENUE
10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [ LAUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/30/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/30/2024 A 7,957(1) A $0 7,957(2) I See footnote(2)
Common Stock 2,688,384 I See footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Snow Ian Kendell

(Last) (First) (Middle)
545 MADISON AVENUE
10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Snow Phipps Group, L.P.

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SPG Co-Investment, L.P.

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Snow Phipps Group (B), L.P.

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Snow Phipps Group (Offshore), L.P.

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Snow Phipps Group (RPV), L.P.

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Snow Phipps Group, LLC

(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Reflects a grant of 1,989 shares of common stock and 5,968 restricted stock units ("RSUs") as part of the 2024 annual retainer for non-employee director service. The RSUs will vest as follows, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.: 1,989 RSUs vest on each of June 30, 2024, September 30, 2024 and 1,990 RSUs vest on December 31, 2024.
2. Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P ., and Snow Phipps Group (RPV), L.P. beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.
3. Represents indirect beneficial ownership of shares of Common Stock held by Wengen Alberta, Limited Partnership ("Wengen"), whose general partner is Wengen Investments Limited. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.
Remarks:
Exhibit 99.1 - Joint Filer Information and Signatures, incorporated herein by reference.
See Exhibit 99.1 06/03/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

 

Exhibit 99.1

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group, L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group, L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date


 

 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

SPG Co-Investment, L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

SPG Co-Investment, L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (B), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (B), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (Offshore), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (Offshore), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (RPV), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (RPV), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Ian Snow

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Ian Snow

 

/s/ Ian Snow

 

Name:

Ian Snow

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group, LLC

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group, LLC

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 

 

 



 

Exhibit 99.1

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group, L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group, L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date


 

 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

SPG Co-Investment, L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

SPG Co-Investment, L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (B), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (B), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (Offshore), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (Offshore), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group (RPV), L.P.

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group (RPV), L.P.

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Ian Snow

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Ian Snow

 

/s/ Ian Snow

 

Name:

Ian Snow

 

June 3, 2024

Date

 


 

 

 

 

 

Joint Filer Information

 

Name of Joint Filer:

 

Snow Phipps Group, LLC

 

 

Address of Joint Filer:

545 Madison Avenue, 10th Floor

 

New York, NY 10022

 

 

Relationship of Joint Filer to Issuer:

Director

 

 

Issuer Name and Ticker or Trading Symbol:

Laureate Education, Inc. [LAUR]

 

 

Date of Event Requiring Statement

 

(Month/Day/Year):

May 30, 2024

 

 

Designated Filer:

Ian Kendell Snow

Signature:

Snow Phipps Group, LLC

/s/ Ian Snow

 

Name:

Ian Snow

 

Title:

Managing Member

 

June 3, 2024

Date

 

 

 



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