SEC Form 4 · accession 0001738460-18-000002
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 30, 2018
Accepted (ET)
Dec 4, 2018 · 6:02 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 StockF1,F2 | Nov 30, 2018 | F | 409 | $24.09 | D | 125,687 | 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 Common StockF6,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 reported shares were withheld to cover the Reporting Person's tax liability in connection with the award of Class A Common Stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan equivalent program (the "ESPP Equivalent Program").
- F2Includes 923 shares the Reporting Person was granted pursuant to the ESPP Equivalent program.
- 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.