Sec Form 3 Filing - BECKER DOUGLAS L @ LAUREATE EDUCATION, INC. - 2017-01-31

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person BECKER DOUGLAS L 2. Issuer Name and Ticker or Trading Symbol LAUREATE EDUCATION, INC. [ LAUR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Founder, Chairman & CEO (Last) (First) (Middle) C/O STERLING PARTNERS, 650 S. EXETER STREET, #1100 3. Date of Earliest Transaction (MM/DD/YY) 01/31/2017 (Street) BALTIMORE, MD21202 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (Right to Buy) $ 23.2 ( 1 ) ( 1 )( 2 ) 10/02/2023 Class B Common Stock 710,530 D Stock Option (Right to Buy) $ 23.26 ( 1 ) 06/17/2018( 1 ) 10/25/2026 Class B Common Stock 114,790 D Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 68,428 D Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 12,490 I See Footnotes ( 3 ) ( 18 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 13,889 I See Footnotes ( 4 ) ( 18 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,101 I See Footnotes ( 5 ) ( 6 ) ( 7 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,345,292 I See Footnotes ( 5 ) ( 6 ) ( 8 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 523,027 I See Footnotes ( 5 ) ( 6 ) ( 9 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 255,622 I See Footnotes ( 5 ) ( 6 ) ( 10 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 72,026,699 I See Footnotes ( 5 ) ( 6 ) ( 11 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 2,202,188 I See Footnotes ( 5 ) ( 6 ) ( 12 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 2,020,473 I See Footnotes ( 5 ) ( 6 ) ( 13 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 3,232,757 I See Footnotes ( 5 ) ( 6 ) ( 14 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,056 I See Footnotes ( 5 ) ( 6 ) ( 15 ) ( 16 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,104 I See Footnotes ( 5 ) ( 6 ) ( 17 ) ( 19 ) Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,101 I See Footnotes ( 5 ) ( 6 ) ( 18 ) ( 19 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BECKER DOUGLAS L C/O STERLING PARTNERS 650 S. EXETER STREET, #1100 BALTIMORE, MD21202 X X Founder, Chairman & CEO 2002 GST Exempt Harvest Trust C/O STERLING PARTNERS 650 S. EXETER STREET, #1100 BALTIMORE, MD21202 X X Possible Member of 10% Group Irrevocable BBHT II IDGT C/O STERLING PARTNERS 650 S. EXETER STREET, #1100 BALTIMORE, MD21202 X X DLB Irrevocable Telecom Trust u/a/d/ 1/3/05 C/O STERLING PARTNERS 650 S. EXETER STREET, #1100 BALTIMORE, MD21202 X X Signatures /s/ M. Avi Epstein, attorney-in-fact for Douglas L. Becker 01/31/2017 Signature of Reporting Person Date /s/ M. Avi Epstein, attorney-in-fact for The Irrevocable BBHT II IDGT 01/31/2017 Signature of Reporting Person Date /s/ M. Avi Epstein, attorney-in-fact for DLB Irrevocable Telecom Trust u/a/d/ 1/3/05 01/31/2017 Signature of Reporting Person Date /s/ M. Avi Epstein, attorney-in-fact for 2002 GST Exempt Harvest Trust 01/31/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each share of Class B Common Stock ("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. ( 2 )Represents an option to purchase shares of Class B Common Stock issued to Douglas L. Becker. The option is vested with respect to 595,929 of the underlying shares of Class B Common Stock and will vest with respect to an additional 114,601 of such shares on December 31, 2017. ( 3 )2002 GST Exempt Harvest Trust (the "GST Trust") may be deemed to beneficially own these shares of Class B Common Stock in the Issuer by virtue of its direct ownership of these shares. Mr. Becker is not a trustee of the GST Trust. ( 4 )Represents shares of Class B Common Stock held by Sterling Fund Management, LLC ("SFM"). Mr. Becker, Steven M. Taslitz and R. Christopher Hoehn-Saric are the managers of SFM. ( 5 )Represents shares of Class B Common Stock held directly by Wengen Alberta, Limited Partnership ("Wengen"), whose general partner is Wengen Investments Limited ("Wengen GP"). Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by SFM (including the Reporting Persons), Kohlberg Kravis Roberts & Co. L.P., Cohen Private Ventures, LLC, Bregal Investments, Inc., StepStone Group LP and Snow Phipps Group, LLC (collectively, the "Wengen Investors") have interests in the Issuer through Wengen. Certain Wengen Investors (including the Reporting Persons) have designated representatives who serve on the board of directors of Wengen GP. ( 6 )Each of Messrs. Becker and Taslitz serves as a designated representative of the Reporting Persons on the board of directors of the Issuer pursuant to a securityholders agreement. As of January 31, 2017, John A. Miller also serves as a designated representative of the Reporting Persons on the board of directors of the Issuer. Mr. Miller's service as such will terminate upon the consummation of the initial public offering of Class A Common Stock of the Issuer. ( 7 )Mr. Becker may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of his direct limited partnership interest in Wengen. ( 8 )Represents shares of Class B Common Stock in the Issuer that Sterling Laureate, LP may be deemed to indirectly beneficially own by virtue of its limited partnership interests in Wengen. SP-L Management III, LLC is the general partner Sterling Laureate, LP, and SP-L Parent, LLC ("SP-L Parent") is the general partner of SP-L Management III, LLC. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP-L Parent. ( 9 )Represents shares of Class B Common Stock in the Issuer that Sterling Laureate Executives Fund, LP may be deemed to indirectly beneficially own by virtue of its limited partnership interests in Wengen. SP-L Management IV, LLC is the general partner of Sterling Laureate Executives Fund, LP, and SP-L Parent is the general partner of SP-L Management IV, LLC. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP-L Parent. ( 10 )Represents shares of Class B Common Stock in the Issuer that Sterling Laureate Rollover, LP may be deemed to indirectly beneficially own by virtue of its limited partnership interests in Wengen. SP-L Management V, LLC is the general partner of Sterling Laureate Rollover, LP, and SP-L Parent is the general partner of SP-L Management V, LLC. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP-L Parent. ( 11 )Mr. Becker is one of the managers (along with Messrs. Taslitz and Hoehn-Saric) of the general partner of investment vehicles that may be deemed to indirectly beneficially own these shares of Class B Common Stock in the Issuer by virtue of their limited partnership interests in Wengen (the "Co-Investor Vehicles"). The Co-Investor Vehicles hold such limited partnership interests on behalf of persons that are not affiliated with SFM or any of its affiliates, and Messrs. Becker and Taslitz do not represent the Co-Investor Vehicles on the board of directors of the Issuer. ( 12 )Represents shares of Class B Common Stock in the Issuer that SP-L Affiliate, LLC ("SP-L Affiliate") may be deemed to indirectly beneficially own by virtue of i ts limited partnership interest in Wengen. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP-L Affiliate. ( 13 )Represents shares of Class B Common Stock in the Issuer that Sterling Capital Partners II, L.P. ("SCP II LP") may be deemed to indirectly beneficially own by virtue of its limited partnership interest in Wengen. SC Partners II, L.P. is the sole general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the sole general partner of SC Partners II, L.P. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP II LLC. ( 14 )Represents shares of Class B Common Stock in the Issuer that Sterling Capital Partners III, L.P. ("SCP III LP") may be deemed to indirectly beneficially own by virtue of its limited partnership interest in Wengen. SC Partners III, L.P. is the sole general partner of SCP III LP, and Sterling Capital Partners III, LLC ("SCP III LLC") is the sole general partner of SC Partners III, L.P. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP III LLC. ( 15 )Represents shares of Class B Common Stock in the Issuer that Mr. Taslitz may be deemed to beneficially own by virtue of his direct limited partnership interest in Wengen. Pursuant to an agreement (the "Founders' Agreement") among Messrs. Becker, Taslitz and Hoehn-Saric and one other founder of Sterling (the "Sterling Founders"), the Sterling Founders share equally, on a net after-tax basis, in certain equity securities they receive in connection with services rendered by any of them to certain entities, including the Issuer. Each Sterling Founder controls the voting and disposition of the securities allocable to such Sterling Founder. ( 16 )In light of the Founders' Agreement, Mr. Becker may be deemed to indirectly beneficially own a portion of these shares of Class B Common Stock in the Issuer. ( 17 )The Irrevocable BBHT II IDGT (the "BBHT Trust") 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. Mr. Becker is not a trustee of the BBHT Trust. ( 18 )DLB Irrevocable Telecom Trust u/a/d/ 1/3/05 (the "DLB Trust") 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. Mr. Becker is not a trustee of the DLB Trust. ( 19 )Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that any of the Reporting Persons is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by such Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.

Remarks: Because no more than 10 reporting persons can file any one Form 3 through the Securities and Exchange Commission's EDGAR system, Sterling Fund Management, LLC, Sterling Capital Partners II, L.P., Sterling Capital Partners III, L.P., SC Partners II, L.P., SC Partners III, L.P., Sterling Capital Partners II, LLC, Sterling Capital Partners III, LLC, SP-L Affiliate, LLC, SP-L Parent, LLC, SP-L Management III, LLC, SP-L Management IV, LLC, SP-L Management V, LLC, Sterling Laureate, LP, Sterling Laureate Executives Fund, LP, Sterling Laureate Rollover, LP, KJT 2013 Gift Trust, and Messrs. Taslitz and Hoehn-Saric have made separate Form 3 filings; provided, that, for purposes of Footnotes 5 and 6 above, each of such persons should be considered a Reporting Person. Exhibit List: Exhibit 24 - Powers of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.