BOYCE WILLIAM J. 4
4 · SKILLSOFT PUBLIC LIMITED CO · Filed May 27, 2010
Insider Transaction Report
Form 4
BOYCE WILLIAM J.
Director
Transactions
- Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−20,000→ 0 totalExercise: $10.48Exp: 2020-01-01→ Ordinary Shares (20,000 underlying) - Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−50,000→ 0 totalExercise: $4.97Exp: 2019-03-11→ Ordinary Shares (50,000 underlying)
Footnotes (3)
- [F1]Each issued and outstanding Ordinary Share of the issuer, or option to purchase an ordinary share of the issuer, is represented by one ADS.
- [F2]This option, which vested as to 33.3% of the shares on 3/11/10, and as to an additional 33.3% of the shares on each anniversary date 3/11/11 and 3/11/12, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $314,000.00 representing the difference between the exercise price of the option and the consideration of $11.25 per share paid pursuant to the Transaction Agreement, subject to applicable tax withholding.
- [F3]This option, which vests 100% on 1/1/11, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $15,400.00 representing the difference between the exercise price of the option and the consideration of $11.25 per share paid pursuant to the Transaction Agreement, subject to applicable tax withholding.