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Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08

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Skillsoft (NYSE: SKIL), a platform for transformative learning experiences, has announced the grant of 25,000 restricted stock units (RSUs) of Class A common stock to Fabien Rech, who joined as Senior Vice President, Sales – EMEA on February 10, 2025.

The RSUs were granted on April 3, 2025, by the Compensation Committee of Skillsoft's Board of Directors under the company's 2024 Employment Inducement Incentive Award Plan. The grant serves as a material inducement for Rech's hiring and will vest ratably over four years, contingent on his continued employment with Skillsoft through each vesting date.

The awards were granted under NYSE's Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards.

Skillsoft (NYSE: SKIL), una piattaforma per esperienze di apprendimento trasformative, ha annunciato il conferimento di 25.000 unità azionarie riservate (RSU) di azioni ordinarie di Classe A a Fabien Rech, che è entrato come Vicepresidente Senior, Vendite – EMEA il 10 febbraio 2025.

Le RSU sono state conferite il 3 aprile 2025, dal Comitato per la Compensazione del Consiglio di Amministrazione di Skillsoft nell'ambito del Piano di Incentivazione all'Occupazione 2024 dell'azienda. Il conferimento funge da incentivo materiale per l'assunzione di Rech e maturerà proporzionalmente nel corso di quattro anni, a condizione che continui a lavorare con Skillsoft fino a ciascuna data di maturazione.

I premi sono stati conferiti ai sensi della Regola 303A.08 del Manuale delle Società Quotata della NYSE, che richiede l'annuncio pubblico dei premi di incentivazione.

Skillsoft (NYSE: SKIL), una plataforma para experiencias de aprendizaje transformadoras, ha anunciado la concesión de 25,000 unidades de acciones restringidas (RSUs) de acciones ordinarias de Clase A a Fabien Rech, quien se unió como Vicepresidente Senior, Ventas – EMEA el 10 de febrero de 2025.

Las RSUs se otorgaron el 3 de abril de 2025, por el Comité de Compensación de la Junta Directiva de Skillsoft bajo el Plan de Incentivos por Empleo 2024 de la empresa. La concesión sirve como un incentivo material para la contratación de Rech y se consolidará de manera proporcional durante cuatro años, condicionado a su empleo continuo con Skillsoft hasta cada fecha de consolidación.

Los premios se otorgaron bajo la Regla 303A.08 del Manual de Empresas Listadas de la NYSE, que requiere el anuncio público de los premios de incentivos.

Skillsoft (NYSE: SKIL), 혁신적인 학습 경험을 위한 플랫폼, 이 25,000개의 제한 주식 단위 (RSU)를 Fabien Rech에게 부여했다고 발표했습니다. Rech는 2025년 2월 10일 EMEA 영업 부사장으로 합류했습니다.

RSU는 2025년 4월 3일 Skillsoft 이사회의 보상 위원회에 의해 회사의 2024 고용 유도 인센티브 상금 계획에 따라 부여되었습니다. 이 부여는 Rech의 채용을 위한 중요한 유인책 역할을 하며, 4년에 걸쳐 비례적으로 발생합니다, 각 발생 날짜까지 Skillsoft에서 계속 근무하는 조건입니다.

이 상은 NYSE의 상장 회사 매뉴얼 규칙 303A.08에 따라 부여되었으며, 이는 유인 상에 대한 공공 발표를 요구합니다.

Skillsoft (NYSE: SKIL), une plateforme pour des expériences d'apprentissage transformantes, a annoncé l'octroi de 25 000 unités d'actions restreintes (RSUs) d'actions ordinaires de Classe A à Fabien Rech, qui a rejoint en tant que Vice-Président Senior, Ventes – EMEA le 10 février 2025.

Les RSUs ont été attribuées le 3 avril 2025 par le Comité de Rémunération du Conseil d'Administration de Skillsoft dans le cadre du Plan d'Incitation à l'Emploi 2024 de l'entreprise. L'octroi sert d'incitation matérielle à l'embauche de Rech et sera acquis progressivement sur quatre ans, sous réserve de son emploi continu chez Skillsoft jusqu'à chaque date d'acquisition.

Les récompenses ont été attribuées conformément à la Règle 303A.08 du Manuel des Sociétés Cotées de la NYSE, qui exige une annonce publique des récompenses d'incitation.

Skillsoft (NYSE: SKIL), eine Plattform für transformative Lernerfahrungen, hat die Gewährung von 25.000 eingeschränkten Aktieneinheiten (RSUs) der Stammaktien der Klasse A an Fabien Rech bekannt gegeben, der am 10. Februar 2025 als Senior Vice President, Sales – EMEA eingetreten ist.

Die RSUs wurden am 3. April 2025 vom Vergütungsausschuss des Vorstands von Skillsoft im Rahmen des Beschäftigungsanreizplans 2024 des Unternehmens gewährt. Die Gewährung dient als wesentlicher Anreiz für die Einstellung von Rech und wird über einen Zeitraum von vier Jahren anteilig fällig, abhängig von seiner fortgesetzten Beschäftigung bei Skillsoft bis zu jedem Fälligkeitsdatum.

Die Auszeichnungen wurden gemäß der Regel 303A.08 des NYSE-Listing-Handbuchs gewährt, die eine öffentliche Bekanntgabe von Anreizvergaben erfordert.

Positive
  • Strategic hire of Senior VP Sales for EMEA region indicates expansion of European operations
  • Structured four-year vesting schedule helps ensure long-term retention of key executive
Negative
  • Additional stock-based compensation creates potential dilution for existing shareholders

BOSTON--(BUSINESS WIRE)-- Skillsoft (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that on April 3, 2025, the Compensation Committee of Skillsoft’s Board of Directors made a grant of 25,000 restricted stock units (“RSUs”) of the Company’s Class A common stock to Fabien Rech. The grant of RSUs was offered as a material inducement to Mr. Rech’s hiring as the Company’s Senior Vice President, Sales – EMEA on February 10, 2025. The RSUs were granted under Skillsoft’s 2024 Employment Inducement Incentive Award Plan and vest ratably over four years subject to Mr. Rech’s continued employment with the Company through each vesting date.

The awards were granted in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards. The Company is issuing this press release pursuant to Rule 303A.08.

About Skillsoft
Skillsoft (NYSE: SKIL) delivers transformative learning experiences that propel organizations and people to grow together. The Company partners with enterprise organizations and serves a global community of learners to prepare today’s employees for tomorrow’s economy. With Skillsoft, customers gain access to blended, multimodal learning experiences that do more than build skills, they grow a more capable, adaptive, and engaged workforce. Through a portfolio of best-in-class content, a platform that is personalized and connected to customer needs, world-class tech and a broad ecosystem of partners, Skillsoft drives continuous growth and performance for employees and their organizations by overcoming critical skill gaps and unlocking human potential.

Investors

Rich Walker

rich.walker@skillsoft.com

Media

Cameron Martin

cameron.martin@skillsoft.com

Source: Skillsoft

FAQ

How many RSUs did Skillsoft (SKIL) grant to Fabien Rech in April 2025?

Skillsoft granted 25,000 restricted stock units (RSUs) of Class A common stock to Fabien Rech.

What is the vesting schedule for Fabien Rech's RSUs at Skillsoft (SKIL)?

The RSUs vest ratably over four years, subject to Rech's continued employment with Skillsoft through each vesting date.

When did Fabien Rech join Skillsoft (SKIL) as SVP of Sales for EMEA?

Fabien Rech joined Skillsoft as Senior Vice President, Sales – EMEA on February 10, 2025.

Under which plan were the inducement RSUs granted by Skillsoft (SKIL)?

The RSUs were granted under Skillsoft's 2024 Employment Inducement Incentive Award Plan.
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