JOSE TORRES - 01 Nov 2023 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CHIEF ACCOUNTING OFFICER
Signature: /s/ Richard Walker, as attorney-in-fact for Jose Torres
Issuer symbol: SKIL
Transactions as of: 01 Nov 2023
Net transactions value: -$9,637
Form type: 4
Filing time: 03 Nov 2023, 17:10:53 UTC
Previous filing: 01 Jun 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	+2,297	+92%	$0.000000	4,797	01 Nov 2023	Direct	F1
transaction	SKIL	Class A Common Stock	Tax liability	$9,637	-559	-12%	$17.24^*	4,238	01 Nov 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	-2,297	-25%	$0.000000	6,891	01 Nov 2023	Class A Common Stock	2,297		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.