Michael Klein - 18 Jul 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Director
Signature
/s/ Richard Walker, as attorney-in-fact for Michael Stuart Klein
Issuer symbol
SKIL
Transactions as of
18 Jul 2024
Net transactions value
$0
Form type
4
Filing time
22 Jul 2024, 19:10:18 UTC
Previous filing
13 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 +3,750 +132% $0.000000 6,600 18 Jul 2024 Direct F1
holding SKIL Class A Common Stock 334,716 18 Jul 2024 By M. Klein Associates, Inc.
holding SKIL Class A Common Stock 177,984 18 Jul 2024 By Garden State Capital Partners LLC

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 -3,750 -100% $0.000000* 0 18 Jul 2024 Class A Common Stock 3,750 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All amounts of securities reported in this Form 4 reflect a 1-for-20 reverse stock split that became effective September 29, 2023.
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 on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.