Sarah Hilty - Jun 1, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Chief Legal Officer
Signature
/s/ Sarah Hilty
Stock symbol
SKIL
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 06:38 PM
Previous filing
Jun 14, 2021
Next filing
Jun 14, 2022

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 Jun 1, 2022 Class A Common Stock 126K Direct F1, F2
transaction SKIL Restricted Stock Units Award $0 +58.8K $0.00 58.8K Jun 1, 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.