secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2022-09-14T23:59:59+00:00
Accession:  0001628280-22-024902
Event type: dividend
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laureate Education declares special $0.83/share distribution from Walden sale proceeds
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- Special cash distribution of $0.83 per share, record date Sep 28, payable Oct 12, 2022.
- Aggregate distribution expected to be about $137 million, funded from Walden e-Learning sale escrow and remaining net proceeds.
- This is anticipated to be the final distribution under the previously adopted partial liquidation plan.
- Equity awards adjusted: option exercise prices reduced by $0.83; unvested stock units to receive $0.83/share cash when vesting.
- Distribution treated as partial liquidation for non-corporate shareholders (capital gain/loss) and as dividend for corporate holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000162828022024902/0001628280-22-024902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000162828022024902/laur-20220914.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-024902

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