Zachary Sims - 01 Nov 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Signature
/s/ Sarah Hilty, as attorney-in-fact for Zachary Sims
Issuer symbol
SKIL
Transactions as of
01 Nov 2022
Net transactions value
-$6,509
Form type
4
Filing time
02 Nov 2022, 18:15:16 UTC
Previous filing
03 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIL Class A Common Stock Options Exercise $0 +8,828 +0.23% $0.000000 3,871,407 01 Nov 2022 Direct
transaction SKIL Class A Common Stock Tax liability $6,509 -3,557 -0.09% $1.83 3,867,850 01 Nov 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 -8,828 -3.1% $0.000000 273,692 01 Nov 2022 Class A Common Stock 8,828 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 38 equal monthly installments beginning on May 1, 2022.