Ronald W. Hovsepian - Oct 16, 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CEO & Executive Chair, Director
Signature: /s/ Richard Walker, as attorney-in-fact for Ronald W. Hovsepian
Stock symbol: SKIL
Transactions as of: Oct 16, 2024
Transactions value $: -$222,437
Form type: 4
Date filed: 10/18/2024, 05:13 PM
Previous filing: Oct 8, 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	+31.3K	+179.69%	$0.00	48.6K	Oct 16, 2024	Direct
transaction	SKIL	Class A Common Stock	Tax liability	-$222K	-13.9K	-28.49%	$16.05	34.8K	Oct 16, 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	-31.3K	-6.67%	$0.00	438K	Oct 16, 2024	Class A Common Stock	31.3K		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 16 equal installments. The first installment vested on the grant date, with 15 subsequent installments vesting quarterly beginning October 16, 2024.