Matthew Glitzer - 01 Oct 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CHIEF REVENUE OFFICER
Signature: /s/ Richard Walker, as attorney-in-fact for Matthew Glitzer
Issuer symbol: SKIL
Transactions as of: 01 Oct 2023
Net transactions value: -$14,556
Form type: 4
Filing time: 03 Oct 2023, 18:15:21 UTC
Previous filing: 18 Apr 2023
Next filing: 03 May 2024
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	+2,812		$0.000000	2,812	01 Oct 2023	Direct	F1
transaction	SKIL	Class A Common Stock	Tax liability	$14,556	-821	-29%	$17.73^*	1,991	01 Oct 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	-2,812	-25%	$0.000000	8,438	01 Oct 2023	Class A Common Stock	2,812		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.