Ownership Submission
FORM 4
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 OF SECURITIES

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
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(Print or Type Responses)
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 _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chariman and CEO
(Last)
(First)
(Middle)
1001 FLEET STREET
3. Date of Earliest Transaction (Month/Day/Year)
03/07/2006
(Street)

BALTIMORE, MD 21202
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock               166,753 I Grantor Retained Annuity Trusts
Restricted Stock               166,000 (4) D  
Common Stock 03/08/2006 03/09/2006 S   277,339 D (5) 242,457 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Common stock $ 13.55 03/07/2006 03/09/2006 M(1)     42,821   (2) 03/29/2006 Common stock 42,821 $ 52.07 479,454 D  
options $ 24.33               (2) 04/01/2008 common stock 630,000   630,000 D  
options $ 28.67               (2) 02/23/2008 common stock 52,328   52,328 D  
options $ 31.25               (2) 05/22/2008 common stock 100,000   100,000 D  
options $ 3.59               (2) 12/01/2009 common stock 605,683   605,683 D  
Common stock $ 13.55 03/08/2006 03/09/2006 M(1)     2,149   (2) 03/29/2006 Common stock 2,149 $ 52.23 477,305 D  
Common stock $ 13.55 03/08/2006 03/09/2006 M(1)     477,305   (2) 03/29/2006 common stock 477,305 $ 52.56 0 D  
options $ 19.43               (2) 12/14/2011 common stock 100,000   1,488,011 (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BECKER DOUGLAS L
1001 FLEET STREET
BALTIMORE, MD 21202
  X     Chariman and CEO  

Signatures

 Douglas L. Becker   03/09/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Exercise of options.
(2) All options are currently exercisable.
(3) Represents grand total of all stock options owned.
(4) All 166,000 restricted stock units are currently restricted, 110,666.667 are vested and non-forefeitable, units vest in accordance with performance metrics, however all units vest December 31, 2009.
(5) various

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