Apratim Purakayastha - May 1, 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
GM, Enterprise Solutions, CPTO
Signature
/s/ Richard Walker, as attorney-in-fact for Apratim Purakayastha
Stock symbol
SKIL
Transactions as of
May 1, 2024
Transactions value $
-$26,078
Form type
4
Date filed
5/3/2024, 05:09 PM
Previous filing
Jun 13, 2023
Next filing
Jun 4, 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 +9.38K +172.37% $0.00 14.8K May 1, 2024 Direct F1
transaction SKIL Class A Common Stock Tax liability -$20.7K -2.77K -18.7% $7.47 12K May 1, 2024 Direct F2
transaction SKIL Class A Common Stock Options Exercise $0 +2.42K +20.08% $0.00 14.5K May 1, 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$5.39K -721 -4.99% $7.47 13.7K May 1, 2024 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 -9.38K -25% $0.00 28.1K May 1, 2024 Class A Common Stock 9.38K Direct F3, F4
transaction SKIL Restricted Stock Units Options Exercise $0 -2.42K -50% $0.00 2.42K May 1, 2024 Class A Common Stock 2.42K Direct F3, F5
* 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 annual installments beginning May 1, 2024.
F5 The restricted stock units vest in two equal annual installments beginning May 1, 2024.