RICHARD WALKER - 01 Nov 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Richard Walker
Issuer symbol
SKIL
Transactions as of
01 Nov 2023
Transactions value $
-$16,257
Form type
4
Filing time
03 Nov 2023, 17:16:00 UTC
Previous filing
12 Sep 2023
Next filing
03 May 2024
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 +3,281 +36.35% $0 12,306 01 Nov 2023 Direct F1
transaction SKIL Class A Common Stock Tax liability -$16,257 -943 -7.66% $17.24 11,363 01 Nov 2023 Direct F2

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 -3,281 -25% $0 9,844 01 Nov 2023 Class A Common Stock 3,281 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All amounts of securities reported in this Form 4 reflect a 1-for-20 reverse stock split that became effective September 29, 2023, including the reporting person's receipt of cash in lieu of a fractional share.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
F3 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F4 The restricted stock units vest in four equal annual installments beginning November 1, 2023.