Ryan H. Murray - 01 Oct 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Signature
/s/ Sarah A. Mussetter, as attorney-in-fact for Ryan Murray
Issuer symbol
SKIL
Transactions as of
01 Oct 2022
Net transactions value
-$5,219
Form type
4
Filing time
03 Oct 2022, 18:29:51 UTC
Previous filing
12 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIL Class A Common Stock Options Exercise $0 +9,102 +32% $0.000000 37,122 01 Oct 2022 Direct
transaction SKIL Class A Common Stock Tax liability $5,219 -2,852 -7.7% $1.83 34,270 01 Oct 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 -9,102 -25% $0.000000 27,306 01 Oct 2022 Class A Common Stock 9,102 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 The restricted stock units vested on October 1, 2022 and the remaining are scheduled to vest on June 11 over the next three years beginning June 11, 2023.