JOSE TORRES - 01 Jun 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 Jun 2024
Net transactions value
-$3,188
Form type
4
Filing time
04 Jun 2024, 17:39:22 UTC
Previous filing
03 May 2024
Next filing
23 Jul 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 +1,359 +29% $0.000000 5,992 01 Jun 2024 Direct
transaction SKIL Class A Common Stock Tax liability $3,188 -330 -5.5% $9.66 5,662 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 -1,359 -25% $0.000000 4,079 01 Jun 2024 Class A Common Stock 1,359 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 June 1, 2024.