Kristi Hummel - Sep 27, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
CHIEF PEOPLE OFFICER
Signature
/s/ Sarah A. Mussetter as attorney-in-fact for Kristi Hummel
Stock symbol
SKIL
Transactions as of
Sep 27, 2022
Transactions value $
-$12,152
Form type
4
Date filed
9/29/2022, 08:21 PM
Previous filing
Jun 3, 2022
Next filing
Feb 2, 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 +21.2K $0.00 21.2K Sep 27, 2022 Direct
transaction SKIL Class A Common Stock Tax liability -$12.2K -6.23K -29.34% $1.95 15K Sep 27, 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 -21.2K -25% $0.00 63.7K Sep 27, 2022 Class A Common Stock 21.2K 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 27, 2022.