Helena Foulkes - Jun 23, 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Director
Signature
/s/ Carrie Etherton, as attorney-in-fact for Helena Foulkes
Stock symbol
SKIL
Transactions as of
Jun 23, 2023
Transactions value $
$0
Form type
4
Date filed
6/23/2023, 07:22 PM
Previous filing
Jun 24, 2022
Next filing
Jul 24, 2023

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 -35.4K -100% $0.00* 0 Jun 23, 2023 Class A Common Stock 35.4K Direct F1, F2
transaction SKIL Phantom Stock Options Exercise $0 +35.4K $0.00 35.4K Jun 23, 2023 Class A Common Stock 35.4K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F2 The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.
F3 Each share of phantom stock represents a contingent right to receive one share of Class A common stock of the Issuer and resulted from the deferral of vested restricted stock unit award shares.