M. Klein Associates, Inc. 4
4 · Skillsoft Corp. · Filed Jun 22, 2022
Insider Transaction Report
Form 4
Skillsoft Corp.SKIL
Churchill Sponsor II LLC
10% Owner
Transactions
- Other
Class A Common Stock
2022-06-17−17,250,000→ 0 total - Other
Warrants
2022-06-17−16,300,000→ 0 totalExercise: $11.50From: 2021-07-11Exp: 2026-06-11→ Class A Common Stock (16,300,000 underlying)
Footnotes (3)
- [F1]This Form 4 is filed by the following Reporting Persons: Churchill Sponsor II LLC ("Sponsor") and M. Klein Associates, Inc. Because of the relationships between the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests.
- [F2]On June 17, 2022, the Sponsor distributed 17,250,000 shares of Class A Common Stock and 16,300,000 warrants to purchase one share, representing all of the securities of the Issuer owned by Sponsor, to its members on a pro rata basis for no additional consideration in accordance with Sponsor's organizational documents.
- [F3]M. Klein Associates, Inc. is the managing member of Sponsor. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of any securities reported herein. The Reporting Persons disclaim beneficial ownership of any securities of the Issuer except to the extent of such Reporting Person's pecuniary interest therein.