Zachary Sims - Nov 1, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
GM TECH & DEV, CEO CODECADEMY
Signature
/s/ Sarah Hilty, as attorney-in-fact for Zachary Sims
Stock symbol
SKIL
Transactions as of
Nov 1, 2022
Transactions value $
-$6,509
Form type
4
Date filed
11/2/2022, 06:15 PM
Previous filing
Oct 3, 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 +8.83K +0.23% $0.00 3.87M Nov 1, 2022 Direct
transaction SKIL Class A Common Stock Tax liability -$6.51K -3.56K -0.09% $1.83 3.87M Nov 1, 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 -8.83K -3.12% $0.00 274K Nov 1, 2022 Class A Common Stock 8.83K 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.