SKILLSOFT PUBLIC LIMITED CO 4

4 · SKILLSOFT PUBLIC LIMITED CO · Filed Aug 26, 2008

Insider Transaction Report

Form 4

Period: 2008-08-22

SKILLSOFT PUBLIC LIMITED COSKIl

TOWNSEND MARK

EVP, Technology

Transactions

Sale
American Depositary Shares
2008-08-22$10.71/sh−4,700$50,335→ 448,766 total
Exercise/Conversion
Option to Purchase Ordinary Shares
2008-08-25−57,800→ 695,986 total
Exercise: $4.06Exp: 2012-08-16→ Ordinary Shares (57,800 underlying)
Sale
American Depositary Shares
2008-08-25$10.70/sh−57,800$618,466→ 448,766 total
Exercise/Conversion
American Depositary Shares
2008-08-22$4.06/sh+4,700$19,082→ 453,466 total
Exercise/Conversion
American Depositary Shares
2008-08-25$4.06/sh+57,800$234,668→ 506,566 total
Exercise/Conversion
Option to Purchase Ordinary Shares
2008-08-22−4,700→ 753,786 total
Exercise: $4.06Exp: 2012-08-16→ Ordinary Shares (4,700 underlying)

Holdings

American Depositary Shares
(indirect: See Footnote)
58,785

Footnotes (7)

[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]Sale made pursuant to Mr. Townsend's Rule 10b5-1 Plan adopted in April 2008.
[F3]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $10.70 - $10.73. 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.
[F4]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $10.70 - $10.71. 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.
[F5]Held by the MCM Irrevocable Trust, of which the Reporting Person's spouse is trustee. The Reporting Person disclaims beneficial ownership in these securities to the extent to which such person does not have an actual pecuniary interest in these securities.
[F6]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.
[F7]100% of the shares subject to this option were fully vested at 08/16/2006.

Documents

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primary_doc.xmlPrimary
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