Jeffrey R. Tarr - Mar 11, 2023 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
Mar 11, 2023
Transactions value $
-$88,598
Form type
4
Date filed
3/14/2023, 05:21 PM
Previous filing
Dec 21, 2022
Next filing
Apr 18, 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 +167K +23.81% $0.00 867K Mar 11, 2023 Direct
transaction SKIL Class A Common Stock Tax liability -$88.6K -47.9K -5.53% $1.85 819K Mar 11, 2023 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 -16.67% $0.00 833K Mar 11, 2023 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.