Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SKIL | Restricted Stock Units | Disposed to Issuer | $0 | -129K | -100% | $0.00* | 0 | May 1, 2023 | Class A Common Stock | 129K | Direct | F1 | |
transaction | SKIL | Restricted Stock Units | Award | $0 | +96.8K | $0.00 | 96.8K | May 1, 2023 | Class A Common Stock | 96.8K | Direct | F2, F3 |
Id | Content |
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F1 | The restricted stock units ("RSUs") were canceled by mutual agreement of the reporting person and the Issuer. The reporting person received replacement RSUs, relating to 96,750 shares of Class A common stock (75% of the original RSU grant), as consideration for the cancellation. The original RSUs were disclosed in a Form 4 filed on June 14, 2021 and were scheduled to vest in four equal annual installments if the closing price of a share of Class A common stock, as reported on the New York Stock Exchange, equaled or exceeded $12.50 on at least 20 out of 30 consecutive trading days prior to June 11, 2025. |
F2 | Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. These RSUs replace RSUs previously granted to recipient on June 11, 2021. |
F3 | The RSUs vest in two equal annual installments beginning May 1, 2024. |