LAUREATE EDUCATION INC
For the period ended Jun 5, 2024. Filed Jun 5, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jun 5, 2024 · Filed Jun 5, 2024
Use the contents to explore the available documents and sections.
Contents
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.004 per share | LAUR | The NASDAQ Stock Market LLC |
| (Nasdaq Global Select Market) | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 30, 2024, Richard Buskirk, Senior Vice President and Chief Financial Officer, and Marcelo Cardoso, Executive Vice President, Chief Operating Officer and Chief Executive Officer, Mexico, of Laureate Education, Inc. (the “Company”) were each granted special retention restricted stock unit (“RSU”) awards under the Company’s Amended and Restated 2013 Long-Term Incentive Plan (the “Plan”) with a grant date value of $2,000,000 and $3,000,000, respectively. One-third of these RSU awards are scheduled to vest on December 31, 2026, and the remaining two-thirds are scheduled to vest on December 31, 2027, with such vesting to be accelerated upon a change of control (as defined in the Plan) and upon termination without cause with vesting prorated for time employed over the three years after date of grant.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of the Company was held on May 30, 2024. At the Annual Meeting, the stockholders voted on the items listed below:
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.