Sarah Hilty - Jun 11, 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Chief Legal Officer
Signature
/s/ Sarah Hilty
Stock symbol
SKIL
Transactions as of
Jun 11, 2022
Transactions value $
-$29,084
Form type
4
Date filed
6/14/2022, 08:13 PM
Previous filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIL Class A Common Stock Options Exercise $0 +20.3K $0.00 20.3K Jun 11, 2022 Direct
transaction SKIL Class A Common Stock Tax liability -$29.1K -5.85K -28.9% $4.97* 14.4K Jun 11, 2022 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 -20.3K -25% $0.00 60.8K Jun 11, 2022 Class A Common Stock 20.3K 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 four equal installments beginning June 11, 2022.