Ronald W. Hovsepian - 16 Oct 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
Issuer symbol: SKIL
Transactions as of: 16 Oct 2024
Net transactions value: -$222,437
Form type: 4
Filing time: 18 Oct 2024, 17:13:05 UTC
Previous filing: 08 Oct 2024
Next filing: 21 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIL	Class A Common Stock	Options Exercise	$0	+31,250	+180%	$0.000000	48,641	16 Oct 2024	Direct
transaction	SKIL	Class A Common Stock	Tax liability	$222,437	-13,859	-28%	$16.05	34,782	16 Oct 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	-31,250	-6.7%	$0.000000	437,500	16 Oct 2024	Class A Common Stock	31,250		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.