RICHARD WALKER - 01 Jun 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Richard Walker
Issuer symbol
SKIL
Transactions as of
01 Jun 2024
Transactions value $
-$15,195
Form type
4
Filing time
04 Jun 2024, 17:44:23 UTC
Previous filing
03 May 2024
Next filing
13 Jun 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 +2.36K +11.64% $0.00 22.7K 01 Jun 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$6.67K -690 -3.04% $9.66 22K 01 Jun 2024 Direct F1
transaction SKIL Class A Common Stock Options Exercise $0 +3.03K +13.76% $0.00 25K 01 Jun 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$8.53K -883 -3.53% $9.66 24.1K 01 Jun 2024 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 -2.36K -33.34% $0.00 4.73K 01 Jun 2024 Class A Common Stock 2.36K Direct F2, F3
transaction SKIL Restricted Stock Units Options Exercise $0 -3.03K -100% $0.00* 0 01 Jun 2024 Class A Common Stock 3.03K Direct F2, F4
* 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 vest in four equal annual installments beginning June 1, 2023.
F4 The restricted stock units vest 20% on the first anniversary of the grant date and 80% on the second anniversary of the grant date beginning June 1, 2023.