Jeffrey R. Tarr - Sep 11, 2021 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: Chief Executive Officer, Director
Signature: /s/ JEFFREY R. TARR
Stock symbol: SKIL
Transactions as of: Sep 11, 2021
Transactions value $: -$614,678
Form type: 4
Date filed: 9/14/2021, 09:57 PM
Previous filing: Jul 6, 2021
Next filing: Dec 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIL	Class A common stock	Options Exercise	$0	+167K		$0.00	167K	Sep 11, 2021	Direct
transaction	SKIL	Class A common stock	Tax liability	-$615K	-61.2K	-36.7%	$10.05^*	106K	Sep 11, 2021	Direct	F3

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	-167K	-8.33%	$0.00	1.83M	Sep 11, 2021	Class A common stock	167K		Direct	F1, F2

* 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, par value $0.001 per share, of the Issuer.
F2	On June 11, 2021, the reporting person was granted 2,000,000 restricted stock units, vesting in twelve equal quarterly installments beginning September 11, 2021.
F3	Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.