Apratim Purakayastha - Jun 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
Jun 1, 2024
Transactions value $
-$21,590
Form type
4
Date filed
6/4/2024, 05:32 PM
Previous filing
May 3, 2024
Next filing
Jun 13, 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 +3.47K +25.22% $0.00 17.2K Jun 1, 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$9.98K -1.03K -6% $9.66 16.2K Jun 1, 2024 Direct F1
transaction SKIL Class A Common Stock Options Exercise $0 +4.03K +24.94% $0.00 20.2K Jun 1, 2024 Direct
transaction SKIL Class A Common Stock Tax liability -$11.6K -1.2K -5.95% $9.66 19K Jun 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 -3.47K -33.33% $0.00 6.93K Jun 1, 2024 Class A Common Stock 3.47K Direct F2, F3
transaction SKIL Restricted Stock Units Options Exercise $0 -4.03K -100% $0.00* 0 Jun 1, 2024 Class A Common Stock 4.03K 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.