Jeffrey R. Tarr - Dec 11, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Signature
/s/ Sarah Hilty, as attorney-in-fact for Jeffrey R. Tarr
Stock symbol
SKIL
Transactions as of
Dec 11, 2022
Transactions value $
-$107,554
Form type
4
Date filed
12/12/2022, 05:22 PM
Previous filing
Sep 12, 2022
Next filing
Dec 21, 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 +167K +31.37% $0.00 698K Dec 11, 2022 Direct
transaction SKIL Class A Common Stock Tax liability -$108K -73.2K -10.48% $1.47 625K Dec 11, 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 -167K -14.29% $0.00 1M Dec 11, 2022 Class A Common Stock 167K 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 On June 11, 2021, the reporting person was granted 2,000,000 restricted stock units, vesting in twelve equal quarterly installments beginning September 11, 2021.