Richard Walker - Jun 11, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: Chief Strategy and Corporate Development Officer and President, SumTotal
Signature: /s/ Sarah Hilty, as attorney-in-fact for Richard Walker
Stock symbol: SKIL
Transactions as of: Jun 11, 2022
Transactions value $: -$70,559
Form type: 4
Date filed: 6/14/2022, 08:13 PM
Previous filing: Jun 3, 2022
Next filing: Jul 20, 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	+24.3K		$0.00	24.3K	Jun 11, 2022	Direct
transaction	SKIL	Class A Common Stock	Tax liability	-$34.8K	-7.01K	-28.9%	$4.97	17.2K	Jun 11, 2022	Direct	F1
transaction	SKIL	Class A Common Stock	Award	$0	+24.9K	+144.28%	$0.00	42.1K	Jun 12, 2022	Direct	F2
transaction	SKIL	Class A Common Stock	Tax liability	-$35.7K	-7.19K	-17.07%	$4.97	34.9K	Jun 12, 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	-24.3K	-25%	$0.00	72.8K	Jun 11, 2022	Class A Common Stock	24.3K		Direct	F3, 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	Represents shares issued upon the vesting of a performance-based restricted stock unit.
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 June 11, 2022.

Remarks:

Chief Strategy and Corporate Development Officer and President, SumTotal