secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2021-12-03T23:59:59+00:00
Accession:  0001193125-21-347911
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laureate Education announces special cash distribution of $0.58 per share, totaling ~$105 million
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- Board approves special cash distribution of $0.58 per share; payable Dec 28, 2021 to holders of record Dec 14, 2021; aggregate ~$105M.
- Distribution funded by release of cash collateral from sale of Walden e-Learning LLC; up to $74M remains in escrow for future distribution.
- Remaining net proceeds from escrow to be distributed before end of 2022 as final special distribution under the partial liquidation plan.
- Equity awards adjusted: option exercise prices reduced by $0.58; unvested stock units to receive $0.58 cash per unit upon vesting (~$580K total).
- Distribution treated as partial liquidation for U.S. tax purposes; non-corporate holders recognize capital gain/loss; corporate holders treat as dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000119312521347911/0001193125-21-347911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000119312521347911/d269112d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-347911

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