Richard Walker - 01 Jun 2024 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Richard Walker
Issuer symbol: SKIL
Transactions as of: 01 Jun 2024
Net transactions value: -$15,195
Form type: 4
Filing time: 04 Jun 2024, 17:44:23 UTC
Previous filing: 03 May 2024
Next filing: 13 Jun 2024
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	+2,364	+12%	$0.000000	22,674	01 Jun 2024	Direct
transaction	SKIL	Class A Common Stock	Tax liability	$6,665	-690	-3%	$9.66	21,984	01 Jun 2024	Direct	F1
transaction	SKIL	Class A Common Stock	Options Exercise	$0	+3,026	+14%	$0.000000	25,010	01 Jun 2024	Direct
transaction	SKIL	Class A Common Stock	Tax liability	$8,530	-883	-3.5%	$9.66	24,127	01 Jun 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	-2,364	-33%	$0.000000	4,727	01 Jun 2024	Class A Common Stock	2,364		Direct	F2, F3
transaction	SKIL	Restricted Stock Units	Options Exercise	$0	-3,026	-100%	$0.000000^*	0	01 Jun 2024	Class A Common Stock	3,026		Direct	F2, F4

* 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 annual installments beginning June 1, 2023.
F4	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.