JOSE TORRES - 01 May 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Signature
/s/ Richard Walker, as attorney-in-fact for Jose Torres
Issuer symbol
SKIL
Transactions as of
01 May 2024
Net transactions value
-$896
Form type
4
Filing time
03 May 2024, 17:14:23 UTC
Previous filing
03 Nov 2023
Next filing
04 Jun 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 +515 +12% $0.000000 4,753 01 May 2024 Direct
transaction SKIL Class A Common Stock Tax liability $896 -120 -2.5% $7.47 4,633 01 May 2024 Direct F1

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 -515 -25% $0.000000 1,548 01 May 2024 Class A Common Stock 515 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F3 The restricted stock units vest in four equal annual installments beginning May 1, 2024.