Amato Anthony Paul 4

4 · SKILLSOFT PUBLIC LIMITED CO · Filed May 27, 2010

Form 4

Period: 2010-05-26

Chief Accounting Officer

Transactions

Exercise/Conversion
Option to Purchase Ordinary Shares
2010-05-26−75,000→ 0 total
Exercise: $3.66Exp: 2013-05-27→ Ordinary Shares (75,000 underlying)
Exercise/Conversion
Option to Purchase Ordinary Shares
2010-05-26−45,000→ 0 total
Exercise: $5.99Exp: 2013-06-12→ Ordinary Shares (45,000 underlying)
Sale
Ordinary Shares
2010-05-26−50,600→ 0 total
Exercise/Conversion
Oridnary Shares
2010-05-26$5.99/sh+45,000$269,550→ 45,000 total
Sale
Ordinary Shares
2010-05-26−21,040→ 0 total
Exercise/Conversion
Ordinary Shares
2010-05-26$3.66/sh+75,000$274,500→ 75,000 total
Tax Payment
Ordinary Shares
2010-05-26$11.25/sh−24,400$274,500→ 50,600 total
Disposition to Issuer
Option to Purchase Ordinary Shares
2010-05-26−25,000→ 0 total
Exercise: $12.50Exp: 2013-12-05→ Ordinary Shares (25,000 underlying)
Tax Payment
Ordinary Shares
2010-05-26$11.25/sh−23,960$269,550→ 21,040 total

Footnotes (5)

[F1]These shares 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 $569,250 ($11.25 per share), subject to applicable tax withholding.
[F2]These shares were disposed of pursuant to the Transaction Agreement for a cash payment of $236,700 ($11.25 per share), subject to applicable tax withholding.
[F3]This option was 100% vested at May 1, 2007.
[F4]25% of the shares subject to this option vested on June 12, 2007, and an additional 1/48th of the shares subject to this option vest each month thereafter for 36 months.
[F5]This option was fully vested at April 20, 2008. 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

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