Michael Stuart Klein - 23 Jun 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Jun 2022, 19:49:08 UTC
Prior SEC filing
28 Apr 2022
Next SEC filing
28 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah Hilty, as attorney-in-fact for Michael Stuart Klein

Key filing fact

Michael Stuart Klein filed Form 4 for Skillsoft Corp. (SKIL) on 24 Jun 2022.

Key facts

  • This page summarizes Michael Stuart Klein's Form 4 filing for Skillsoft Corp. (SKIL).
  • 3 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 24 Jun 2022, 19:49.

Change

  • Previous filing in this sequence was filed on 28 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKIL transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+21,621
Change %
Price
$0.000000
Shares after
21,621
Date
23 Jun 2022
Ownership
Direct
SKIL holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,694,338
Date
23 Jun 2022
Ownership
By M. Klein Associates, Inc.
Footnotes
F1
SKIL holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,559,690
Date
23 Jun 2022
Ownership
By Garden State Capital Partners LLC
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKIL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-21,621
Change %
-100%
Price
$0.000000*
Shares after
0
Date
23 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
21,621
Exercise price
Footnotes
F2, F3
SKIL transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+35,398
Change %
Price
$0.000000
Shares after
35,398
Date
23 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
35,398
Exercise price
Footnotes
F2, F4
SKIL holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,955,978
Date
23 Jun 2022
Ownership
By M. Klein Associates, Inc.
Underlying class
Class A Common Stock
Underlying amount
6,955,978
Exercise price
$11.50
Footnotes
F5
SKIL holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,260,470
Date
23 Jun 2022
Ownership
By Garden State Capital Partners LLC
Underlying class
Class A Common Stock
Underlying amount
3,260,470
Exercise price
$11.50
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Consists of shares of Class A common stock received for no additional consideration in a pro-rata distribution in-kind by Churchill Sponsor II LLC ("Sponsor") on June 17, 2022 as disclosed by Sponsor on a Form 4 filed June 22, 2022, which was exempt from reporting pursuant to Rule 16a-9.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.

Footnote F3

The restricted stock units vest on the earlier of December 28, 2022 or the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.

Footnote F4

The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.

Footnote F5

Consists of warrants to purchase an equal number of shares of Class A common stock received for no additional consideration in a pro-rata distribution in-kind by Sponsor on June 17, 2022 as disclosed by Sponsor on a Form 4 filed June 22, 2022, which was exempt from reporting pursuant to Rule 16a-9.

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