Jeffrey R. Tarr - 11 Jun 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: Chief Executive Officer, Director
Signature: /s/ Sarah Hilty, as attorney-in-fact for Jeffrey R Tarr
Issuer symbol: SKIL
Transactions as of: 11 Jun 2022
Transactions value $: -$363,635
Form type: 4
Filing time: 14 Jun 2022, 20:14:39 UTC
Previous filing: 03 Jun 2022
Next filing: 16 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIL	Class A Common Stock	Options Exercise	$0	+167K	+53.02%	$0.00	481K	11 Jun 2022	Direct
transaction	SKIL	Class A Common Stock	Tax liability	-$364K	-73.2K	-15.21%	$4.97^*	408K	11 Jun 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SKIL	Restricted Stock Units	Options Exercise	$0	-167K	-11.11%	$0.00	1.33M	11 Jun 2022	Class A Common Stock	167K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
F2	Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F3	On June 11, 2021, the reporting person was granted 2,000,000 restricted stock units, vesting in twelve equal quarterly installments beginning September 11, 2021.