Jose Torres - Nov 1, 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Richard Walker, as attorney-in-fact for Jose Torres
Stock symbol
SKIL
Transactions as of
Nov 1, 2023
Transactions value $
-$9,637
Form type
4
Date filed
11/3/2023, 05:10 PM
Previous filing
Jun 1, 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 +2.3K +91.88% $0.00 4.8K Nov 1, 2023 Direct F1
transaction SKIL Class A Common Stock Tax liability -$9.64K -559 -11.65% $17.24* 4.24K Nov 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 -2.3K -25% $0.00 6.89K Nov 1, 2023 Class A Common Stock 2.3K 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, including the reporting person's receipt of cash in lieu of a fractional share.
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 annual installments beginning November 1, 2023.