SEC Form 4/A · accession 0001738460-19-000006
Pluralsight, Inc. · PS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owners
Aaron Skonnard
Officer — Co-Founder, CEO, & Chairman · Director · 10% Owner
Period of report
Nov 12, 2018
Accepted (ET)
Jan 23, 2019 · 7:31 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 | Nov 12, 2018 | M | 100,000 | $0.00 | A | 100,000 | D |
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 StockF2 | — | Nov 12, 2018 | M | 937,500 | A | — | — | Class A Common Stock | 937,500 | 2,684,567 | D |
| Class C Common StockF2 | — | Nov 12, 2018 | F | 413,638 | D | — | — | Class A Common Stock | 413,638 | 2,270,929 | D |
| Class C Common StockF2 | — | Nov 12, 2018 | M | 100,000 | D | — | — | Class A Common Stock | 100,000 | 2,170,929 | D |
Explanation of responses
- F1The reported shares represent a one-for-one exchange of the Issuer's Class C Common Stock to Class A Common Stock following the November 12, 2018 settlement date.
- F2The 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.
- F3The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of RSUs.
- F4Represent shares of Class C Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.
Remarks
This Form 4 is being amended to reflect the exchange of 100,000 shares of Class C Common Stock into shares of Class A Common Stock, which was inadvertently omitted from the original Form 4, and to update the number of derivative securities beneficially owned accordingly.