Form 4 for SKIL Skillsoft Corp.
Accepted 2022-04-06 00:00:00 ET · period of report 2022-04-04 · accession 0001104659-22-043325 · 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 | 2022-04-06 | 2022-04-04 | SKIL | Sims Zachary | GM Tech, Dev, CEO Codecademy | A - Grant | — | +3.83M | 3.83M | New | — |
| D | 2022-04-06 | 2022-04-04 | SKIL | Sims Zachary | GM Tech, Dev, CEO Codecademy | A - Grant | — | +335.5K | 335.5K | New | — |
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 | 2022-04-04 | A | A | 3,827,775 | — | 3,827,775 | D | — | — | (F1) Pursuant to the Merger Agreement, dated as of December 22, 2021, by and among the Issuer, Ryzac, Inc. ("Codecademy") and certain other parties thereto (the "Merger Agreement"), shares of Codecademy common stock held by the Reporting Person were converted into shares of Class A common stock, par value $0.001 per share, of the Issuer ("Common Stock"). |
| 2 | Derivative | Restricted Stock Units | 2022-04-04 | A | A | 335,488 | — | 335,488 | D | — · — to — | 335,488 Class A common stock | (F3) Pursuant to the Merger Agreement, unvested options to purchase Codecademy stock previously awarded to the Reporting Person by Codecademy were converted into RSUs of the Issuer. The RSUs will vest in 38 equal monthly installments beginning on May 1, 2022. (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock. |