Patrick Kolek - 18 Jul 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Reporting relationship: Director
Issuer ticker: SKIL
Reported as of: 18 Jul 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 Jul 2024, 19:23:12 UTC
Prior SEC filing: 24 Jul 2023
Source filing: View source filing
Reporting owner signature: /s/ Richard Walker, as attorney-in-fact for Patrick Kolek

Key filing fact

Patrick Kolek filed Form 4 for Skillsoft Corp. (SKIL) on 22 Jul 2024.

Key facts

This page summarizes Patrick Kolek's Form 4 filing for Skillsoft Corp. (SKIL).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 22 Jul 2024, 19:23.

Change

Previous filing in this sequence was filed on 24 Jul 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKIL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,750
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,750
Exercise price
Footnotes: F1, F2, F3

SKIL transaction Derivative

Phantom Stock

Options Exercise

Transaction value: $0
Shares: +3,750
Change %
Price: $0.000000
Shares after: 3,750
Date: 18 Jul 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,750
Exercise price
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Patrick Kolek is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

All amounts of securities reported in this Form 4 reflect a 1-for-20 reverse stock split that became effective September 29, 2023.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.

Footnote 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.

Footnote F4

Each share of phantom stock represents a contingent right to receive one share of Class A common stock of the Issuer and resulted from the deferral of vested restricted stock unit award shares.