Form 4 for SKIL Skillsoft Corp.
Accepted 2022-06-24 00:00:00 ET · period of report 2022-06-23 · accession 0001062993-22-015430 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-24 | 2022-06-23 | SKIL | Summers Lawrence Henry | Dir | M - OptEx | $0.00 | +21.6K | 488.6K | +5% | $0 |
| D | 2022-06-24 | 2022-06-23 | SKIL | Summers Lawrence Henry | Dir | A - Grant | $0.00 | +35.4K | 35.4K | New | $0 |
| D | 2022-06-24 | 2022-06-23 | SKIL | Summers Lawrence Henry | Dir | M - OptEx | $0.00 | -21.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-06-23 | M | A | 21,621 | $0.00 | 488,598 | D | — | — | (F1) Includes 466,977 shares of Class A common stock received for no additional consideration in a pro-rata distribution in-kind by Churchill Sponsor II LLC ("Sponsor") on June 17, 2022 as disclosed by Sponsor on a Form 4 filed June 22, 2022, which was exempt from reporting pursuant to Rule 16a-9. |
| 2 | Derivative | Restricted Stock Units | 2022-06-23 | A | A | 35,398 | $0.00 | 35,398 | D | — · — to — | 35,398 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer. (F4) The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service. |
| 3 | Derivative | Restricted Stock Units | 2022-06-23 | M | D | 21,621 | $0.00 | 0 | D | — · — to — | 21,621 Class A Common Stock | (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 on the earlier of December 28, 2022 or the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service. |