Filing Details

Accession Number:
0001140361-10-023298
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-27 13:00:00
Reporting Period:
2010-05-26
Filing Date:
2010-05-27
Accepted Time:
2010-05-27 16:04:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
940181 Skillsoft Public Limited Co SKIL Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1373642 Paul Anthony Amato 107 Northeastern Blvd
Nashua NH 03062
Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2010-05-26 75,000 $3.66 75,000 No 4 M Direct
Ordinary Shares Disposition 2010-05-26 24,400 $11.25 50,600 No 4 F Direct
Ordinary Shares Disposition 2010-05-26 50,600 $0.00 0 No 4 S Direct
Oridnary Shares Acquisiton 2010-05-26 45,000 $5.99 45,000 No 4 M Direct
Ordinary Shares Disposition 2010-05-26 23,960 $11.25 21,040 No 4 F Direct
Ordinary Shares Disposition 2010-05-26 21,040 $0.00 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Option to Purchase Ordinary Shares Disposition 2010-05-26 75,000 $0.00 75,000 $3.66
Ordinary Shares Option to Purchase Ordinary Shares Disposition 2010-05-26 45,000 $0.00 45,000 $5.99
Ordinary Shares Option to Purchase Ordinary Shares Disposition 2010-05-26 25,000 $0.00 25,000 $12.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-05-27 No 4 M Direct
0 2013-06-12 No 4 M Direct
0 2013-12-05 No 4 D Direct
Footnotes
  1. 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.
  2. 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.
  3. This option was 100% vested at May 1, 2007.
  4. 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.
  5. 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.