Richard Walker - 01 May 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 May 2023, 17:57:34 UTC
Prior SEC filing
18 Apr 2023
Next SEC filing
02 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carrie Etherton, Attorney-in-Fact for Richard Walker

Key filing fact

Richard Walker filed Form 4 for Skillsoft Corp. (SKIL) on 03 May 2023.

Key facts

  • This page summarizes Richard Walker's Form 4 filing for Skillsoft Corp. (SKIL).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 May 2023, 17:57.

Change

  • Previous filing in this sequence was filed on 18 Apr 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKIL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
$0
Shares
-97,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 May 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
97,000
Exercise price
Footnotes
F1
SKIL transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+72,750
Change %
Price
Shares after
72,750
Date
01 May 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
72,750
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 72,750 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.

Footnote 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.

Footnote F3

The RSUs vest in two equal annual installments beginning May 1, 2024.

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