Skillsoft director granted 17,500 RSUs
FRANKOLA JIM reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
FRANKOLA JIM reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Jim Frankola received an equity award in the form of restricted stock units. He was granted 17,500 restricted stock units, each representing a right to receive one share of Class A Common Stock. The units vest on the earlier of the one-year anniversary of the grant date or the company’s next annual stockholder meeting, as long as he continues to serve with the company. After this grant, his reported holdings in these restricted stock units total 17,500.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F2. The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
vest financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Skillsoft (SKIL) report for Jim Frankola?
How many restricted stock units did Jim Frankola receive from Skillsoft (SKIL)?
What are the vesting terms of Jim Frankola’s Skillsoft (SKIL) restricted stock units?
What does each restricted stock unit granted by Skillsoft (SKIL) to Jim Frankola represent?
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