4//SEC Filing
DARCY COLM 4
Accession 0001140361-10-023295
CIK 0000940181other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:04 PM ET
Size
8.8 KB
Accession
0001140361-10-023295
Insider Transaction Report
Form 4
DARCY COLM
EVP, Content Development
Transactions
- Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−247,556→ 0 totalExercise: $6.41Exp: 2013-12-05→ Ordinary Shares (247,556 underlying) - Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−50,000→ 0 totalExercise: $19.06Exp: 2011-04-05→ Ordinary Shares (50,000 underlying)
Footnotes (3)
- [F1]Each issued and oustanding 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 25% of the shares on 12/05/2007 and as to an additional 1/48th of the shares each month thereafter for 36 months, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $1,198,171.04 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]These options were 100% vested at 01/15/2005. Pursuant to the terms of the Transaction Agreement, this option, the exercise price of which exceeds the transaction consideration of $11.25 per share, was cancelled with no consideration paid to the Reporting Person.
Documents
Issuer
SKILLSOFT PUBLIC LIMITED CO
CIK 0000940181
Entity typeother
Related Parties
1- filerCIK 0001235947
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 4:04 PM ET
- Size
- 8.8 KB