Mark Onisk - 01 Jun 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Chief Content Officer
Signature
/s/ Sarah Hilty, as attorney-in-fact for Mark Onisk
Issuer symbol
SKIL
Transactions as of
01 Jun 2022
Transactions value $
$0
Form type
4
Filing time
03 Jun 2022, 18:37:42
Previous filing
14 Jun 2021
Next filing
14 Jun 2022
SEC
View on sec.gov

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 Award $0 +126K $0.00 126K 01 Jun 2022 Class A Common Stock 126K Direct F1, F2
transaction SKIL Restricted Stock Units Award $0 +58.8K $0.00 58.8K 01 Jun 2022 Class A Common Stock 58.8K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F2 The restricted stock units vest in four equal annual installments on each of the four anniversaries of the grant date beginning June 1, 2023.
F3 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.

Remarks:

Exhibit 24 - Power of Attorney (incorporated herein by reference).