LAUR

SEC source: 0001999371-23-000560 · laur-form4_112223.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: No plan indicated

Ownership: Direct

Disclosed balance after: 19,167,455

F1 · price: This transaction was executed in multiple trades at prices ranging from $13.27 to $13.415 on November 22, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 7

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,743,943

F6 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.270 to $13.415 on November 22, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001999371-23-000451 · ownership.xml · nonDerivative · 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: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

F2 · price: This transaction was executed in multiple trades at prices ranging from $13.25 to $13.325 on November 21, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 6

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,768,423

F5 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.250 to $13.325 on November 21, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001999371-23-000451 · ownership.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: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

F3 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 5

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,787,058

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001999371-23-000451 · ownership.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: No plan indicated

Ownership: Direct

Disclosed balance after: 19,215,702

F1 · price: This transaction was executed in multiple trades at prices ranging from $13.25 to $13.275 on November 17, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 4

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,787,148

F4 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.250 to $13.275 on November 17, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001999371-23-000311 · laur-form4_111423.xml · nonDerivative · entry 4

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: No plan indicated

Ownership: Direct

Disclosed balance after: 19,219,972

F3 · price: This transaction was executed in multiple trades at prices ranging from $13.25 to $13.265 on November 16, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 3

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,790,972

F3 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.250 to $13.265 on November 16, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001999371-23-000311 · laur-form4_111423.xml · nonDerivative · 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: No plan indicated

Ownership: Direct

Disclosed balance after: 19,225,572

F2 · price: This transaction was executed in multiple trades at prices ranging from $13.15 to $13.48 on November 15, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0001999371-23-000311 · laur-form4_111423.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: No plan indicated

Ownership: Direct

Disclosed balance after: 19,251,734

F4 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 2

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,795,987

F2 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.150 to $13.480 on November 15, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001415889-24-008339 · form4-03182024_100334.xml · nonDerivative · entry 4

del Corro Pedro · CIK 0001696382 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 32,259

F4 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.150 to $13.480 on November 15, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2 · ownership.nature: Reflects Common Stock of the Issuer held directly by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.

SEC source: 0001415889-24-008339 · form4-03182024_100334.xml · nonDerivative · entry 3

del Corro Pedro · CIK 0001696382 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 32,413

F2 · ownership.nature: Reflects Common Stock of the Issuer held directly by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.

SEC source: 0001999371-23-000311 · laur-form4_111423.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: No plan indicated

Ownership: Direct

Disclosed balance after: 20,751,734

F1 · price: This transaction was executed in multiple trades at prices ranging from $13.27 to $13.435 on November 14, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4 · ownership.direct: Represents shares 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 CPV Partners, LLC and Snow Phipps Group, LLC (collectively, the "Wengen Investors"), have interests in the Issuer through Wengen. Each of the Wengen GP and the holders of interests in Wengen (including the Wengen Investors) disclaims beneficial ownership of the securities held by Wengen except to the extent of its pecuniary interest therein.

SEC source: 0000899243-24-000071 · doc4.xml · nonDerivative · entry 1

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 2,805,213

F1 · price: This transaction was executed by Wengen Alberta, Limited Partnership ("Wengen") in multiple trades at prices ranging from $13.270 to $13.435 on November 14, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13 · ownership.nature: Represents shares of Common Stock held directly by 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 Sterling Fund Management, LLC, Cohen Private Ventures, LLC and Snow Phipps Group, LLC have interests in the Issuer through Wengen.

SEC source: 0001415889-24-008339 · form4-03182024_100334.xml · nonDerivative · entry 2

del Corro Pedro · CIK 0001696382 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 47,047

F3 · price: This transaction was executed by Wengen in multiple trades at prices ranging from $13.270 to $13.435 on November 14, 2023. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2 · ownership.nature: Reflects Common Stock of the Issuer held directly by Wengen Alberta, Limited Partnership ("Wengen"). Mr. del Corro indirectly beneficially owned these shares of Class B Common Stock by virtue of the limited partnership interests held directly and indirectly in Wengen.

SEC source: 0001415889-23-015052 · form4-11142023_121132.xml · nonDerivative · entry 1

Serck-Hanssen Eilif · CIK 0001292178 · Director · PRESIDENT & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 765,567

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates. This grant was awarded pursuant to the Amended and Restated Employment Agreement, dated November 8, 2023, between Laureate Education, Inc. and the reporting person.

SEC source: 0001415889-23-012275 · form4-08152023_110827.xml · nonDerivative · entry 1

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,971

F1 · price: This transaction was executed in multiple trades at prices ranging from $14.26 to $14.27. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001415889-23-012171 · form4-08122023_120808.xml · derivative · entry 3

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,692 shares

Expires 2023-10-02

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_date: The option vested in five substantially equal installments on each of December 31, 2013, 2014, 2015, 2016 and 2017.

SEC source: 0001415889-23-012171 · form4-08122023_120808.xml · nonDerivative · entry 2

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,771

F1 · price: This transaction was executed in multiple trades at prices ranging from $14.03 to $14.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001415889-23-012171 · form4-08122023_120808.xml · nonDerivative · entry 1

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 77,863

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.

SEC source: 0001415889-23-012033 · form4-08102023_040801.xml · derivative · entry 3

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,262 shares

Expires 2023-10-02

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_date: The option vested in five substantially equal installments on each of December 31, 2013, 2014, 2015, 2016 and 2017.

SEC source: 0001415889-23-012033 · form4-08102023_040801.xml · nonDerivative · entry 2

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,676

SEC source: 0001415889-23-012033 · form4-08102023_040801.xml · nonDerivative · entry 1

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,602

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.

SEC source: 0001415889-23-008881 · form4-05262023_100523.xml · nonDerivative · entry 1

RODIN JUDITH · CIK 0001102075 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,540

F1 · shares: Reflects a grant of 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 annual retainer for non-employee director service. The RSUs will vest ratably in three equal installments at the end of each of the remaining calendar quarters of 2023, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.

SEC source: 0001415889-23-008880 · form4-05262023_100535.xml · nonDerivative · entry 1

MUNOZ GEORGE · CIK 0001238129 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,029

F1 · shares: Reflects a grant of 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 annual retainer for non-employee director service. The RSUs will vest ratably in three equal installments at the end of each of the remaining calendar quarters of 2023, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.

SEC source: 0001415889-23-008879 · form4-05262023_100548.xml · nonDerivative · entry 1

Mair Barbara · CIK 0001930486 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,983

F1 · shares: Reflects a grant of 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 annual retainer for non-employee director service. The RSUs will vest ratably in three equal installments at the end of each of the remaining calendar quarters of 2023, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.

SEC source: 0001415889-23-008878 · form4-05262023_100558.xml · nonDerivative · entry 1

FREEMAN KENNETH W/NJ · CIK 0001222699 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,525

F1 · shares: Reflects a grant of 3,560 shares of common stock and 10,680 restricted stock units ("RSUs") as part of (i) the 2023 annual retainer for non-employee director service and (ii) the 2023 annual chairman retainer. The RSUs will vest ratably in three equal installments at the end of each of the remaining calendar quarter of 2023, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.

SEC source: 0001415889-23-008877 · form4-05262023_100508.xml · nonDerivative · entry 1

del Corro Pedro · CIK 0001696382 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,729

F1 · shares: Reflects a grant of 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 annual retainer for non-employee director service. The RSUs will vest ratably in three equal installments at the end of each of the remaining calendar quarters of 2023, provided that the Reporting Person continues to serve as a director of Laureate Education, Inc.

SEC source: 0001415889-23-008876 · form4-05262023_100557.xml · nonDerivative · entry 1

de Macedo Aristides · CIK 0001975903 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,187

F1 · shares: Reflects a grant of restricted stock units ("RSUs") as part of the 2023 pro rated 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.: 1,101 RSUs vest on June 30, 2023 and 2,543 RSUs vest on each of September 30, 2023 and December 31, 2023.

SEC source: 0000895345-23-000358 · form4.xml · nonDerivative · entry 1

Cohen Andrew B · CIK 0001680154 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,770

F1 · shares: On May 24, 2023, Laureate Education, Inc. (the "Issuer") granted to the Reporting Person an aggregate of 10,171 shares of common stock, par value $0.004 per share ("Common Stock") consisting of 2,542 shares of Common Stock and 7,629 restricted stock units ("RSUs"), as part of the Issuer's 2023 annual retainer for non-employee director service in connection with the Reporting Person's service as a member of the Issuer's Board of Directors.

F2 · shares: Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest ratably in three installments at the end of each of the remaining calendar quarters of 2023, provided that Mr. Cohen continues to serve as a Director of the Issuer's Board.

F1 · price: On May 24, 2023, Laureate Education, Inc. (the "Issuer") granted to the Reporting Person an aggregate of 10,171 shares of common stock, par value $0.004 per share ("Common Stock") consisting of 2,542 shares of Common Stock and 7,629 restricted stock units ("RSUs"), as part of the Issuer's 2023 annual retainer for non-employee director service in connection with the Reporting Person's service as a member of the Issuer's Board of Directors.

F2 · price: Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest ratably in three installments at the end of each of the remaining calendar quarters of 2023, provided that Mr. Cohen continues to serve as a Director of the Issuer's Board.

F3 · balance_after: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.

SEC source: 0000899243-23-013955 · doc4.xml · nonDerivative · entry 1

Snow Ian Kendell · CIK 0001406656 · Director · 10% owner

Snow Phipps Group, L.P. · CIK 0001696790 · Director · 10% owner

SPG Co-Investment, L.P. · CIK 0001696702 · Director · 10% owner

Snow Phipps Group (B), L.P. · CIK 0001696783 · Director · 10% owner

Snow Phipps Group (Offshore), L.P. · CIK 0001696660 · Director · 10% owner

Snow Phipps Group (RPV), L.P. · CIK 0001696654 · Director · 10% owner

Snow Phipps Group, LLC · CIK 0001698661 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 43,589

F1 · shares: Reflects a grant of 2,542 shares of common stock and 7,629 restricted stock units ("RSUs") as part of the 2023 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.: 2,543 RSUs vest on each of June 30, 2023, September 30, 2023 and December 31, 2023.

F2 · balance_after: 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.

F2 · ownership.nature: 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.

SEC source: 0001415889-23-008061 · form4-05152023_100522.xml · nonDerivative · entry 1

Cardoso Marcelo · CIK 0001769387 · CHIEF OPERATING OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 139,306

F1 · price: This transaction was executed in multiple trades at prices ranging from $11.90 to $12.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001415889-23-005131 · form4-03172023_080308.xml · nonDerivative · entry 1

Buskirk Richard M. · CIK 0001854519 · SVP & CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,050

F1 · shares: Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of performance share units previously reported as shares of Common Stock in Table I.

SEC source: 0001415889-23-005132 · form4-03172023_080353.xml · nonDerivative · entry 1

Serck-Hanssen Eilif · CIK 0001292178 · Director · PRESIDENT & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 742,822

F1 · shares: Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of performance share units previously reported as shares of Common Stock in Table I.

SEC source: 0001415889-23-005130 · form4-03172023_080348.xml · nonDerivative · entry 1

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,171

F1 · shares: Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of performance share units previously reported as shares of Common Stock in Table I.

SEC source: 0001415889-23-005129 · form4-03172023_080330.xml · nonDerivative · entry 1

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,340

F1 · shares: Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of performance share units previously reported as shares of Common Stock in Table I.

SEC source: 0001415889-23-003802 · form4-03022023_040301.xml · nonDerivative · entry 1

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,985

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022.

SEC source: 0001415889-23-002812 · form4-02182023_120223.xml · nonDerivative · entry 2

Buskirk Richard M. · CIK 0001854519 · SVP & CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,276

F2 · shares: Represents shares earned under performance share unit awards granted in 2020, 2021 and 2022 upon certification by the Compensation Committee that performance criteria was met for the year ended December 31, 2022.

SEC source: 0001415889-23-002812 · form4-02182023_120223.xml · nonDerivative · entry 1

Buskirk Richard M. · CIK 0001854519 · SVP & CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 102,592

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates.

SEC source: 0001415889-23-002809 · form4-02182023_120228.xml · nonDerivative · entry 2

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,294

F2 · shares: Represents shares earned under performance share unit awards granted in 2020, 2021 and 2022 upon certification by the Compensation Committee that performance criteria was met for the year ended December 31, 2022.

SEC source: 0001415889-23-002809 · form4-02182023_120228.xml · nonDerivative · entry 1

Sinkfield Richard Harvey III · CIK 0001818941 · CHIEF LEGAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,557

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates.

SEC source: 0001415889-23-002811 · form4-02182023_120206.xml · nonDerivative · entry 2

Cardoso Marcelo · CIK 0001769387 · CHIEF OPERATING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 164,606

F2 · shares: Represents shares earned under performance share unit awards granted in 2020, 2021 and 2022 upon certification by the Compensation Committee that performance criteria was met for the year ended December 31, 2022.

SEC source: 0001415889-23-002811 · form4-02182023_120206.xml · nonDerivative · entry 1

Cardoso Marcelo · CIK 0001769387 · CHIEF OPERATING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 148,183

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates.

SEC source: 0001415889-23-002810 · form4-02182023_120257.xml · nonDerivative · entry 2

Serck-Hanssen Eilif · CIK 0001292178 · Director · PRESIDENT & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 778,361

F2 · shares: Represents shares earned under performance share unit awards granted in 2020, 2021 and 2022 upon certification by the Compensation Committee that performance criteria was met for the year ended December 31, 2022.

SEC source: 0001415889-23-002810 · form4-02182023_120257.xml · nonDerivative · entry 1

Serck-Hanssen Eilif · CIK 0001292178 · Director · PRESIDENT & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 688,051

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates.

SEC source: 0001415889-23-002808 · form4-02182023_120231.xml · nonDerivative · entry 2

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,115

F2 · shares: Represents shares earned under performance share unit awards granted in 2020, 2021 and 2022 upon certification by the Compensation Committee that performance criteria was met for the year ended December 31, 2022.

SEC source: 0001415889-23-002808 · form4-02182023_120231.xml · nonDerivative · entry 1

Knauer Gerard M. · CIK 0001851639 · VP, ACCTG, GLOBAL CONTROLLER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,181

F1 · shares: Represents restricted stock units that will vest in three equal installments on each of December 31, 2023, 2024 and 2025, subject to the reporting person's continued employment through the applicable vesting dates.