Filing Details

Accession Number:
0001738460-19-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-30 16:47:34
Reporting Period:
2019-04-26
Accepted Time:
2019-04-30 16:47:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1725579 Pluralsight Inc. PS Services-Computer Programming, Data Processing, Etc. (7370) 823605465
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1738460 Aaron Skonnard C/O Pluralsight, Inc.
182 North Union Avenue
Farmington UT 84025
Co-Founder, Ceo, & Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2019-04-26 83,395 $0.00 165,386 No 4 C Direct
Class A Common Stock Acquisiton 2019-04-26 50,000 $0.00 215,386 No 4 M Direct
Class A Common Stock Disposition 2019-04-26 83,395 $33.70 131,991 No 4 S Direct
Class A Common Stock Disposition 2019-04-26 50,000 $33.74 81,991 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class C Common Stock Restricted Share Units Disposition 2019-04-26 187,500 $0.00 187,500 $0.00
Class A Common Stock Class C Common Stock Acquisiton 2019-04-26 187,500 $0.00 187,500 $0.00
Class A Common Stock Class C Common Stock Disposition 2019-04-26 83,395 $0.00 83,395 $0.00
Class A Common Stock Class C Common Stock Disposition 2019-04-26 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,687,500 No 4 M Direct
1,884,567 No 4 M Direct
1,801,172 No 4 C Direct
1,751,172 No 4 M Direct
Footnotes
  1. Represent shares of Class C Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.
  2. The reported shares were sold to satisfy the Reporting Person's tax liability in connection with the vesting of RSUs.
  3. The sale price represents the weighted average price of the shares sold ranging from $33.6 to $33.825 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  4. The sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2018.
  5. The sale price represents the weighted average price of the shares sold ranging from $33.24 to $33.99 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  6. Each restricted share unit ("RSU") represents a contingent right to receive one share of Class C Common Stock and one LLC Unit. 25% of the RSUs vest on July 25, 2018 and an additional 6.25% vest each three months thereafter.
  7. The shares of Class C Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer ten-to-one voting rights on the holders thereof, and (iii) may only be issued, on a one-for-one basis, to the Reporting Person and his associated entities who held limited liability company units of Pluralsight Holdings, LLC (each, an "LLC Unit"). Each share of Class C Common Stock and corresponding LLC Unit is exchangeable for one share of Class A Common Stock at the option of the holder (for which the Issuer may substitute cash) and has no expiration date. The Class C Common Stock is also convertible into Class B Common Stock on a one-for-one basis at the Reporting Person's election.