Gary W. Ferrera - 20 Sep 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Signature
/s/ Sarah A. Mussetter as attorney-in-fact for Gary W. Ferrera
Issuer symbol
SKIL
Transactions as of
20 Sep 2022
Net transactions value
-$20,346
Form type
4
Filing time
21 Sep 2022, 19:38:37 UTC
Previous filing
28 Jun 2022
Next filing
12 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIL Class A Common Stock Options Exercise $0 +31,715 +106% $0.000000 61,715 20 Sep 2022 Direct
transaction SKIL Class A Common Stock Tax liability $20,346 -9,165 -15% $2.22 52,550 20 Sep 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 -31,715 -25% $0.000000 95,148 20 Sep 2022 Class A Common Stock 31,715 Direct F2, F3
* 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 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F3 The restricted stock units vest in four equal installments beginning September 20, 2022.