Jeffrey R. Tarr - Jun 1, 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Carrie Etherton, Attorney-in-Fact for Jeffrey R. Tarr
Stock symbol
SKIL
Transactions as of
Jun 1, 2023
Transactions value $
-$72,551
Form type
4
Date filed
6/2/2023, 07:16 PM
Previous filing
Apr 18, 2023
Next filing
Jun 13, 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 +164K +20.02% $0.00 982K Jun 1, 2023 Direct
transaction SKIL Class A Common Stock Tax liability -$72.6K -47.1K -4.8% $1.54 935K Jun 1, 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 -164K -25% $0.00 492K Jun 1, 2023 Class A Common Stock 164K 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 The restricted stock units vest in four equal annual installments beginning June 1, 2023.