PRONDZYNSKI FERDINAND VON 4

Accession 0001140361-10-023297

CIK 0000940181other

View on SEC.gov Company Profile

Filed

May 26, 8:00 PM ET

Accepted

May 27, 4:04 PM ET

Size

26.1 KB

Accession

0001140361-10-023297

Insider Transaction Report

Form 4

Period: 2010-05-26

SKILLSOFT PUBLIC LIMITED COSKIL

PRONDZYNSKI FERDINAND VON

Director

Transactions

Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−10,000→ 0 total
Exercise: $8.65Exp: 2014-01-01→ Ordinary Shares (10,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−10,000→ 0 total
Exercise: $5.65Exp: 2015-01-01→ Ordinary Shares (10,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−20,000→ 0 total
Exercise: $9.56Exp: 2018-01-01→ Ordinary Shares (20,000 underlying)
Disposition to Issuer
American Depositary Shares
2010-05-26−10→ 0 total
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−25,000→ 0 total
Exercise: $20.68Exp: 2011-11-26→ Ordinary Shares (25,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−10,000→ 0 total
Exercise: $5.50Exp: 2016-01-01→ Ordinary Shares (10,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−20,000→ 0 total
Exercise: $10.48Exp: 2020-01-01→ Ordinary Shares (20,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−10,000→ 0 total
Exercise: $6.21Exp: 2017-01-01→ Ordinary Shares (10,000 underlying)
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−20,000→ 0 total
Exercise: $7.14Exp: 2019-01-01→ Ordinary Shares (20,000 underlying)

Footnotes (11)

[F1]American Depositary Shares ("ADS") 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.
[F10]This option, which was 100% vested on 1/1/10, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $82,200.00 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.
[F11]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.
[F2]These ADSs are held in the Reporting Person's name, and were disposed of pursuant to the Transaction Agreement regarding a scheme of arrangement (the "Transaction Agreement") between issuer and SSI Investments III Limited ("SSI") in exchange for a cash payment of $112.50 ($11.25 per ADS), subject to applicable tax withholding and an ADS cancellation fee.
[F3]Each issued and outstanding Ordinary Share of the issuer, or option to purchase an ordinary share of the issuer, is represented by one ADS.
[F4]This option was 100% fully vested on 11/26/05. 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.
[F5]This option, which was 100% vested on 1/1/08, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $26,000.00 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.
[F6]This option, which was 100% vested on 1/1/09, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $56,000.00 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.
[F7]This option, which was 100% vested on 1/1/07, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $57,500.00 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.
[F8]This option, which was 100% vested on 1/1/08, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $50,400.00 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.
[F9]This option, which was 100% vested on 1/1/09, was cancelled pursuant to the Transaction Agreement, in exchange for a cash payment of $33,800.00 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.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

SKILLSOFT PUBLIC LIMITED CO

CIK 0000940181

→

Entity typeother

Related Parties

filerCIK 0001248576

Filing Metadata

Form type: 4
Filed: May 26, 8:00 PM ET
Accepted: May 27, 4:04 PM ET
Size: 26.1 KB

View on SEC.gov