Apratim Purakayastha - 01 Jun 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 Jun 2024
Net transactions value
-$21,590
Form type
4
Filing time
04 Jun 2024, 17:32:13 UTC
Previous filing
03 May 2024
Next filing
13 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 +3,466 +25% $0.000000 17,208 01 Jun 2024 Direct
transaction SKIL Class A Common Stock Tax liability $9,979 -1,033 -6% $9.66 16,175 01 Jun 2024 Direct F1
transaction SKIL Class A Common Stock Options Exercise $0 +4,034 +25% $0.000000 20,209 01 Jun 2024 Direct
transaction SKIL Class A Common Stock Tax liability $11,611 -1,202 -5.9% $9.66 19,007 01 Jun 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 -3,466 -33% $0.000000 6,934 01 Jun 2024 Class A Common Stock 3,466 Direct F2, F3
transaction SKIL Restricted Stock Units Options Exercise $0 -4,034 -100% $0.000000* 0 01 Jun 2024 Class A Common Stock 4,034 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 June 1, 2023.
F4 The restricted stock units vest 20% on the first anniversary of the grant date and 80% on the second anniversary of the grant date beginning June 1, 2023.