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

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Carrie Etherton, Attorney-in-Fact for Richard Walker
Issuer symbol
SKIL
Transactions as of
01 Jun 2023
Net transactions value
-$27,623
Form type
4
Filing time
02 Jun 2023, 19:08:00 UTC
Previous filing
03 May 2023
Next filing
13 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIL Class A Common Stock Options Exercise $0 +47,269 +41% $0.000000 161,620 01 Jun 2023 Direct
transaction SKIL Class A Common Stock Tax liability $20,927 -13,589 -8.4% $1.54 148,031 01 Jun 2023 Direct F1
transaction SKIL Class A Common Stock Options Exercise $0 +15,126 +10% $0.000000 163,157 01 Jun 2023 Direct
transaction SKIL Class A Common Stock Tax liability $6,696 -4,348 -2.7% $1.54 158,809 01 Jun 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 -47,269 -25% $0.000000 141,807 01 Jun 2023 Class A Common Stock 47,269 Direct F2, F3
transaction SKIL Restricted Stock Units Options Exercise $0 -15,126 -20% $0.000000 60,504 01 Jun 2023 Class A Common Stock 15,126 Direct F2, F4
* 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 four equal annual installments beginning June 1, 2023.
F4 The restricted stock units vest 20% on the first anniversary of the grant date and 80% on the second anniversary of the grant date beginning June 1, 2023