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

Signature
/s/ Sarah A. Mussetter as attorney-in-fact for Gary W. Ferrera
Stock symbol
SKIL
Transactions as of
Sep 20, 2022
Transactions value $
-$20,346
Form type
4
Date filed
9/21/2022, 07:38 PM
Previous filing
Jun 28, 2022
Next filing
May 12, 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 +31.7K +105.72% $0.00 61.7K Sep 20, 2022 Direct
transaction SKIL Class A Common Stock Tax liability -$20.3K -9.17K -14.85% $2.22 52.6K Sep 20, 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 -31.7K -25% $0.00 95.1K Sep 20, 2022 Class A Common Stock 31.7K 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.