LAUR

SEC source: 0001127602-19-027977 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,578

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2019.

SEC source: 0001127602-19-026109 · form4.xml · derivative · entry 2

Charhon Jean-Jacques · CIK 0001725564 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,295

Underlying: Class A Common Stock · 25,295 shares

Expires 2029-08-01

F1 · derivative.exercise_date: The option vests in three equal annual installments beginning on December 31, 2019.

SEC source: 0001127602-19-026109 · form4.xml · nonDerivative · entry 1

Charhon Jean-Jacques · CIK 0001725564 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,712

SEC source: 0001127602-19-026107 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,926

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2019.

SEC source: 0001127602-19-024935 · form4.xml · nonDerivative · entry 1

FREEMAN KENNETH W/NJ · CIK 0001222699 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,575

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 100% of these shares are restricted stock units that will vest ratably in two installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001127602-19-023797 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,274

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2019.

SEC source: 0001140361-19-011286 · form4.xml · derivative · entry 3

Wengen Alberta, LP · CIK 0001399590 · 10% owner

Wengen Investments LTD · CIK 0001406898 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,147,116

Underlying: Class A Common Stock · 10,955,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock of the Issuer upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.exercise_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock of the Issuer upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.expiration_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock of the Issuer upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F4 · derivative.underlying: An aggregate of 10,955,000 shares of Class B common stock converted automatically into 10,955,000 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.direct: Shares of Class B Common Stock of the Issuer are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Wengen GP and each holder of interests in Wengen disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0001140361-19-011286 · form4.xml · nonDerivative · entry 2

Wengen Alberta, LP · CIK 0001399590 · 10% owner

Wengen Investments LTD · CIK 0001406898 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · shares: The shares of Class A Common Stock were sold in an underwritten public offering in which Wengen Alberta, Limited Partnership ("Wengen") was the sole selling stockholder.

F5 · ownership.direct: Shares of Class B Common Stock of the Issuer are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Wengen GP and each holder of interests in Wengen disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0001140361-19-011286 · form4.xml · nonDerivative · entry 1

Wengen Alberta, LP · CIK 0001399590 · 10% owner

Wengen Investments LTD · CIK 0001406898 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,955,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.

F4 · price: An aggregate of 10,955,000 shares of Class B common stock converted automatically into 10,955,000 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.direct: Shares of Class B Common Stock of the Issuer are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Wengen GP and each holder of interests in Wengen disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0001104659-19-036447 · a4.xml · derivative · entry 3

Taslitz Steven · CIK 0001407214 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 1,318,654

Underlying: Class A Common Stock · 701,819 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.exercise_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.expiration_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F4 · derivative.underlying: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, the Reporting Person and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F7 · ownership.nature: The shares of Class B Common Stock shown as beneficially owned in this report do not include other shares beneficially owned directly or indirectly, through Wengen or otherwise, by the Reporting Person.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036447 · a4.xml · nonDerivative · entry 2

Taslitz Steven · CIK 0001407214 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 0

F2 · shares: The shares of Class A Common Stock were sold in an underwritten public offering in which Wengen Alberta, Limited Partnership ("Wengen") was the sole selling stockholder.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, the Reporting Person and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036447 · a4.xml · nonDerivative · entry 1

Taslitz Steven · CIK 0001407214 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 701,819

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.

F4 · price: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, the Reporting Person and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036448 · a4.xml · derivative · entry 3

Sterling Capital Partners II L P · CIK 0001321135 · Director · 10% owner

SC Partners II, L.P. · CIK 0001696604 · Director · 10% owner

Sterling Capital Partners II, LLC · CIK 0001696565 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 1,318,654

Underlying: Class A Common Stock · 701,819 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.exercise_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.expiration_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F4 · derivative.underlying: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Persons and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP. Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen.

F6 · ownership.nature: SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC," and, collectively with SCP II LP and SC Partners II, the "Reporting Persons") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F7 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036448 · a4.xml · nonDerivative · entry 2

Sterling Capital Partners II L P · CIK 0001321135 · Director · 10% owner

SC Partners II, L.P. · CIK 0001696604 · Director · 10% owner

Sterling Capital Partners II, LLC · CIK 0001696565 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 0

F2 · shares: The shares of Class A Common Stock were sold in an underwritten public offering in which Wengen Alberta, Limited Partnership ("Wengen") was the sole selling stockholder.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Persons and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP. Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen.

F6 · ownership.nature: SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC," and, collectively with SCP II LP and SC Partners II, the "Reporting Persons") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F7 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036448 · a4.xml · nonDerivative · entry 1

Sterling Capital Partners II L P · CIK 0001321135 · Director · 10% owner

SC Partners II, L.P. · CIK 0001696604 · Director · 10% owner

Sterling Capital Partners II, LLC · CIK 0001696565 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 701,819

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.

F4 · price: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Persons and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP. Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen.

F6 · ownership.nature: SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC," and, collectively with SCP II LP and SC Partners II, the "Reporting Persons") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and R. Christopher Hoehn-Saric are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F7 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036446 · a4.xml · derivative · entry 3

HOEHN SARIC RULDOLF CHRISTOPHER · CIK 0001011193 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 1,318,654

Underlying: Class A Common Stock · 701,819 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.exercise_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F3 · derivative.expiration_date: Each share of Class B Common Stock of Laureate Education, Inc. (the "Issuer") is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F4 · derivative.underlying: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and the Reporting Person are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F7 · ownership.nature: The shares of Class B Common Stock shown as beneficially owned in this report do not include other shares beneficially owned directly or indirectly, through Wengen or otherwise, by the Reporting Person.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036446 · a4.xml · nonDerivative · entry 2

HOEHN SARIC RULDOLF CHRISTOPHER · CIK 0001011193 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 0

F2 · shares: The shares of Class A Common Stock were sold in an underwritten public offering in which Wengen Alberta, Limited Partnership ("Wengen") was the sole selling stockholder.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and the Reporting Person are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-19-036446 · a4.xml · nonDerivative · entry 1

HOEHN SARIC RULDOLF CHRISTOPHER · CIK 0001011193 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Wengen Alberta, Limited Partnership

Disclosed balance after: 701,819

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.

F4 · price: An aggregate of 701,819 shares of Class B common stock converted automatically into 701,819 shares of Class A common stock upon transfer to the underwriter in connection with the public offering.

F5 · ownership.nature: Shares of Class B Common Stock are held directly by Wengen. Wengen Investments Limited ("Wengen GP") is the general partner of Wengen. Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Kohlberg Kravis Roberts & Co. L.P., CPV Partners, LLC, StepStone Group LP, Sterling Fund Management, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Affiliates of the Reporting Person and the other Wengen Investors have designated representatives who serve as members of the board of directors of Wengen GP.

F6 · ownership.nature: Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. ("SC Partners II") is the general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the general partner of SC Partners II. Douglas L. Becker, Steven M. Taslitz and the Reporting Person are the managers of SCP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.

F8 · ownership.nature: The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

SEC source: 0001127602-19-020777 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,622

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2019.

SEC source: 0001127602-19-019910 · form4.xml · nonDerivative · entry 1

MUNOZ GEORGE · CIK 0001238129 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,324

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001567619-19-012079 · doc1.xml · nonDerivative · entry 1

COHEN STEVEN A/SAC CAPITAL MGMT LP · CIK 0000905226 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 612,230

F1 · shares: See Exhibit 99.1; Note 1.

F2 · shares: See Exhibit 99.1; Note 2.

F1 · balance_after: See Exhibit 99.1; Note 1.

F2 · balance_after: See Exhibit 99.1; Note 2.

F1 · ownership.nature: See Exhibit 99.1; Note 1.

F2 · ownership.nature: See Exhibit 99.1; Note 2.

SEC source: 0001127602-19-019913 · form4.xml · nonDerivative · entry 1

RODIN JUDITH · CIK 0001102075 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,072

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001127602-19-019915 · form4.xml · nonDerivative · entry 1

del Corro Pedro · CIK 0001696382 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,397

F1 · shares: Represents restricted stock units directly to Toreeal Sociedad de Capital Riesgo, S.A., an affiliate of Torreal S.A., the employer of the reporting person, at the direction of the reporting person and the reporting person disclaims beneficial ownership of the shares granted. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

F2 · balance_after: The reporting person disclaims beneficial ownership of these shares.

SEC source: 0001127602-19-019909 · form4.xml · nonDerivative · entry 1

FREEMAN KENNETH W/NJ · CIK 0001222699 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,807

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001127602-19-019906 · form4.xml · nonDerivative · entry 1

Cornog William L · CIK 0001697415 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,366

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001127602-19-019907 · form4.xml · nonDerivative · entry 1

DURHAM MICHAEL J · CIK 0001226347 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,777

F1 · shares: Pursuant to Laureate Education, Inc.'s (the "Company") non-employee director compensation program, the Reporting Person has elected to receive this grant. 25% of these shares are vested and 75% are restricted stock units that will vest ratably in three installments at the end of each of the remaining calendar quarters of 2019, provided the Reporting Person continues to serve as a director of the Company.

SEC source: 0001127602-19-018593 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,970

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2019.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.345 to $16.80, inclusive. The reporting person undertakes to provide to Laureate Education, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

SEC source: 0001127602-19-012372 · form4a.xml · nonDerivative · entry 1

Berckemeyer Ricardo M. · CIK 0001696046 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 136,319

F1 · shares: Reference is made to the reporting person's Form 4 originally filed on March 19, 2019 prior to the filing of this amended Form 4 (the "Prior March 19, 2019 Form 4"). This amended Form 4 is being filed to correct an error in the number of shares of Class A common stock awarded to the reporting person and this amended Form 4 supersedes the Prior March 19, 2019 Form 4 in its entirety.

SEC source: 0001127602-19-012374 · form4a.xml · nonDerivative · entry 1

Silbey Victoria E · CIK 0001314957 · Sr. VP, Secretary, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,067

F1 · shares: Reference is made to the reporting person's Form 4 originally filed on March 19, 2019 prior to the filing of this amended Form 4 (the "Prior March 19, 2019 Form 4"). This amended Form 4 is being filed to correct an error in the number of shares of Class A common stock awarded to the reporting person and this amended Form 4 supersedes the Prior March 19, 2019 Form 4 in its entirety.

SEC source: 0001127602-19-012370 · form4a.xml · nonDerivative · entry 1

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,820

F1 · shares: Reference is made to the reporting person's Form 4 originally filed on March 19, 2019 prior to the filing of this amended Form 4 (the "Prior March 19, 2019 Form 4). This amended Form 4 is being filed to correct an error in the number of shares of Class A common stock awarded to the reporting person as originally reported on line 2 of Table I of the Prior March 19, 2019 Form 4.

SEC source: 0001127602-19-012368 · form4.xml · nonDerivative · entry 1

Serck-Hanssen Eilif · CIK 0001292178 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 175,854

SEC source: 0001127602-19-012361 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,970

SEC source: 0001127602-19-012357 · form4.xml · nonDerivative · entry 1

Grace Timothy P. · CIK 0001742044 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,740

SEC source: 0001127602-19-012352 · form4.xml · nonDerivative · entry 1

Charhon Jean-Jacques · CIK 0001725564 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,566

SEC source: 0001127602-19-012336 · form4.xml · nonDerivative · entry 1

Hurtado Juan Jose · CIK 0001725152 · SVP Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,096

SEC source: 0001127602-19-012309 · form4.xml · nonDerivative · entry 1

Loureiro Jose Roberto · CIK 0001725128 · Chief Executive Officer Brazil

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,108

SEC source: 0001127602-19-012307 · form4.xml · nonDerivative · entry 1

Cardoso Marcelo · CIK 0001769387 · Chief Transformation Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,602

SEC source: 0001127602-19-012255 · form4.xml · nonDerivative · entry 1

Berckemeyer Ricardo M. · CIK 0001696046 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 143,152

SEC source: 0001127602-19-012239 · form4.xml · nonDerivative · entry 1

Silbey Victoria E · CIK 0001314957 · Sr. VP, Secretary, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,945

SEC source: 0001127602-19-012230 · form4.xml · derivative · entry 5

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 179

Underlying: Class A Common Stock · 1,154 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F1 · price: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F1 · derivative.exercise_date: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F1 · derivative.expiration_date: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

SEC source: 0001127602-19-012230 · form4.xml · derivative · entry 4

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,333

Underlying: Class A Common Stock · 727 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F1 · derivative.exercise_date: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F1 · derivative.expiration_date: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

F3 · derivative.underlying_shares: On the trading day immediately prior to March 15, 2019 (the "Vesting Date"), the closing price of one share of the Company's Class A Common Stock traded on the NASDAQ Stock Exchange was $14.97. On the Vesting Date, 727 shares of the Company's Class B Common Stock otherwise issuable upon the vesting of the performance units reported in footnote 2 were forfeited to pay the applicable withholding taxes due in connection with the vesting of those units.

SEC source: 0001127602-19-012230 · form4.xml · derivative · entry 3

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 1,881 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: As reported at footnote 8 in the reporting person's Form 3 filed on January 31, 2017, vesting of these performance units (and the total amount of performance units to vest) was dependent on the Company's achievement of performance goals from the period from January 1, 2016 through December 31, 2018. Based on the determination of the Company's Compensation Committee of its Board of Directors, a total of 1,881 performance units have vested for this award.

F2 · price: As reported at footnote 8 in the reporting person's Form 3 filed on January 31, 2017, vesting of these performance units (and the total amount of performance units to vest) was dependent on the Company's achievement of performance goals from the period from January 1, 2016 through December 31, 2018. Based on the determination of the Company's Compensation Committee of its Board of Directors, a total of 1,881 performance units have vested for this award.

F2 · derivative.exercise_date: As reported at footnote 8 in the reporting person's Form 3 filed on January 31, 2017, vesting of these performance units (and the total amount of performance units to vest) was dependent on the Company's achievement of performance goals from the period from January 1, 2016 through December 31, 2018. Based on the determination of the Company's Compensation Committee of its Board of Directors, a total of 1,881 performance units have vested for this award.

F2 · derivative.expiration_date: As reported at footnote 8 in the reporting person's Form 3 filed on January 31, 2017, vesting of these performance units (and the total amount of performance units to vest) was dependent on the Company's achievement of performance goals from the period from January 1, 2016 through December 31, 2018. Based on the determination of the Company's Compensation Committee of its Board of Directors, a total of 1,881 performance units have vested for this award.

SEC source: 0001127602-19-012230 · form4.xml · nonDerivative · entry 2

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,538

SEC source: 0001127602-19-012230 · form4.xml · nonDerivative · entry 1

Darmon Tal · CIK 0001696208 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,565

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each share of Class B Common Stock ("Class B Common Stock") of Laureate Education, Inc. (the "Company") is convertible into one share of Class A Common Stock of the Company ("Class A Common Stock") upon the election of the holder or upon transfer, subject to the terms of the Company's Amended and Restated Certificate of Incorporation.

SEC source: 0001127602-19-011398 · form4.xml · nonDerivative · entry 1

Loureiro Jose Roberto · CIK 0001725128 · Chief Executive Officer Brazil

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,555

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.24, inclusive. The reporting person undertakes to provide to Laureate Education, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

SEC source: 0001127602-19-011387 · form4.xml · nonDerivative · entry 1

Cardoso Marcelo · CIK 0001769387 · Chief Transformation Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,037

SEC source: 0001127602-19-010643 · form4.xml · derivative · entry 2

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,116

Underlying: Class A Common Stock · 18,116 shares

Expires 2029-03-06

F1 · derivative.exercise_date: The option vests in three equal annual installments beginning on December 31, 2019.

SEC source: 0001127602-19-010643 · form4.xml · nonDerivative · entry 1

SINGER PAULA R · CIK 0001242918 · CEO Walden and Online Partners

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,294

SEC source: 0001127602-19-010639 · form4.xml · derivative · entry 2

Grace Timothy P. · CIK 0001742044 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,103

Underlying: Class A Common Stock · 16,103 shares

Expires 2029-03-06

F1 · derivative.exercise_date: The option vests in three equal annual installments beginning on December 31, 2019.

SEC source: 0001127602-19-010639 · form4.xml · nonDerivative · entry 1

Grace Timothy P. · CIK 0001742044 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,667