other material
confidence high
sentiment neutral
materiality 0.40
Laureate approves $3.33M executive bonuses; sets due bill for $7.01 special dividend
LAUREATE EDUCATION, INC.
- CEO Eilif Serck-Hanssen receives $2M bonus; CFO Richard Buskirk and CLO Richard Sinkfield each receive $666,667.
- Nasdaq due bill trading for $7.01 special distribution runs Oct 5-29, 2021.
- Special distribution payable Oct 29 to record holders Oct 6; ex-dividend date Nov 1, 2021.
- Sellers during due bill period must deliver distribution to buyer; company has no obligation.