SEC Form 4 · accession 0001209191-18-059604
Pluralsight, Inc. · PS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Aaron Skonnard
Officer — Co-Founder, CEO & Chairman · Director · 10% Owner
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 8:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001725579
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Nov 16, 2018 | S | 25,000 | $22.1367 | D | 125,173 | D | |
| Class A Common StockF3 | holding | — | — | — | 449,827 | I | See Footnote | |
| Class A Common StockF4 | holding | — | — | — | 60,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C Common StockF3,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 10,532,042 | 10,532,042 | I |
| Class C CommonF6,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 410,121 | 410,121 | I |
| Class C Common StockF7,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 903,771 | 903,771 | I |
| Class C Common StockF8,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 605,310 | 605,310 | I |
Explanation of responses
- F1The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2018.
- F2The sale price represents the weighted average price of the shares sold ranging from $22.00 to $22.29 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.
- F3The shares are held of record by Skonnard Consulting, Inc. of which the Reporting Person is an owner.
- F4The shares are held of record by the Aaron and Monica Skonnard Revocable Trust of which the Reporting Person is a co-trustee.
- F5The 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 LLC Units. 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.
- F6The shares are held of record by the Skonnard Family GRAT 2018 of which the Reporting Person is a trustee.
- F7The shares are held of record by the Skonnard Family GRAT 2021 of which the Reporting Person is a co-trustee.
- F8The shares are held of record by the True Nord Trust, of which members of the Reporting Person's immediate family are beneficiaries.