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

Signature
/s/ Richard Walker
Stock symbol
SKIL
Transactions as of
May 1, 2024
Transactions value $
-$27,288
Form type
4
Date filed
5/3/2024, 05:18 PM
Previous filing
Nov 3, 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 +10.8K +94.88% $0.00 22.1K May 1, 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$23.3K -3.12K -14.1% $7.47 19K May 1, 2024 Direct F1
transaction SKIL Class A Common Stock Options Exercise $0 +1.82K +9.56% $0.00 20.8K May 1, 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$3.97K -531 -2.55% $7.47 20.3K May 1, 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 -10.8K -25% $0.00 32.3K May 1, 2024 Class A Common Stock 10.8K Direct F2, F3
transaction SKIL Restricted Stock Units Options Exercise $0 -1.82K -50% $0.00 1.82K May 1, 2024 Class A Common Stock 1.82K Direct F2, F4
* 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.
F4 The restricted stock units vest in two equal annual installments beginning May 1, 2024.