DARCY COLM 4
4 · SKILLSOFT PUBLIC LIMITED CO · Filed Aug 27, 2009
Insider Transaction Report
Form 4
DARCY COLM
EVP, Content Development
Transactions
- Exercise/Conversion
Option to Purchase Ordinary Shares
2009-08-26−50,000→ 247,556 totalExercise: $6.41Exp: 2013-12-05→ Ordinary Shares (50,000 underlying) - Exercise/Conversion
American Depositary Shares
2009-08-26$6.41/sh+50,000$320,500→ 50,000 total - Sale
American Depositary Shares
2009-08-26$8.68/sh−50,000$433,915→ 0 total
Footnotes (4)
- [F1]American Depositary Shares evidenced by American Depositary Receipts, each of which represents one Ordinary Share of SkillSoft Public Limited Company, nominal value 0.11 (Euro) per Ordinary Share.
- [F2]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $8.50 - $8.88. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- [F3]Each issued and outstanding Ordinary Share of the issuer, or option to purchase an ordinary share of the issuer, is represented by one (1) ADS.
- [F4]25% of the shares subject to this option vested on December 5, 2007 and an additional 1/48th of the shares subject to the option vest each month thereafter for 36 months.