Matthew Glitzer - Oct 1, 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CHIEF REVENUE OFFICER
Signature: /s/ Richard Walker, as attorney-in-fact for Matthew Glitzer
Stock symbol: SKIL
Transactions as of: Oct 1, 2023
Transactions value $: -$14,556
Form type: 4
Date filed: 10/3/2023, 06:15 PM
Previous filing: Apr 18, 2023
Next filing: May 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIL	Class A Common Stock	Options Exercise	$0	+2.81K		$0.00	2.81K	Oct 1, 2023	Direct	F1
transaction	SKIL	Class A Common Stock	Tax liability	-$14.6K	-821	-29.2%	$17.73^*	1.99K	Oct 1, 2023	Direct	F2

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	-2.81K	-25%	$0.00	8.44K	Oct 1, 2023	Class A Common Stock	2.81K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All amounts of securities reported in this Form 4 reflect a 1-for-20 reverse stock split that became effective September 29, 2023.
F2	Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
F3	Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F4	The restricted stock units vest in four equal installments beginning October 1, 2023.