Apratim Purakayastha - 01 May 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
Issuer symbol
SKIL
Transactions as of
01 May 2024
Net transactions value
-$26,078
Form type
4
Filing time
03 May 2024, 17:09:53 UTC
Previous filing
13 Jun 2023
Next filing
04 Jun 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 +9,375 +172% $0.000000 14,814 01 May 2024 Direct F1
transaction SKIL Class A Common Stock Tax liability $20,692 -2,770 -19% $7.47 12,044 01 May 2024 Direct F2
transaction SKIL Class A Common Stock Options Exercise $0 +2,419 +20% $0.000000 14,463 01 May 2024 Direct
transaction SKIL Class A Common Stock Tax liability $5,386 -721 -5% $7.47 13,742 01 May 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 -9,375 -25% $0.000000 28,125 01 May 2024 Class A Common Stock 9,375 Direct F3, F4
transaction SKIL Restricted Stock Units Options Exercise $0 -2,419 -50% $0.000000 2,419 01 May 2024 Class A Common Stock 2,419 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.