Richard Walker - 01 Jun 2022 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role
Officer
Signature
/s/ Sarah Hilty, as attorney-in-fact for Richard Walker
Issuer symbol
SKIL
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 18:38:29 UTC
Previous filing
16 May 2022
Next filing
14 Jun 2022
SEC
View on sec.gov

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 Award $0 +189,076 $0.000000 189,076 01 Jun 2022 Class A Common Stock 189,076 Direct F1, F2
transaction SKIL Restricted Stock Units Award $0 +75,630 $0.000000 75,630 01 Jun 2022 Class A Common Stock 75,630 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
F2 The restricted stock units vest in four equal annual installments on each of the four anniversaries of the grant date beginning June 1, 2023.
F3 The restricted stock units vest 20% on the first anniversary of the grant date and 80% on the second anniversary of the grant date beginning June 1, 2023.

Remarks:

Chief Strategy and Corporate Development Officer and President, SumTotal. Exhibit 24 - Power of Attorney (incorporated herein by reference).