SEC Form 4 · accession 0001738460-19-000008
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
Dec 31, 2018
Accepted (ET)
Jan 29, 2019 · 5:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001725579
Table I — non-derivative securities
No Table I lines on this filing.
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 StockF1 | — | Dec 31, 2018 | J | 50,000 | D | — | — | Class A Common Stock | 50,000 | 2,120,929 | D |
| Class C Common StockF3,F1 | — | Dec 31, 2018 | J | 50,000 | A | — | — | Class A Common Stock | 50,000 | 10,582,042 | I |
| Class B Common StockF3,F4 | — | Dec 31, 2018 | G | 36,000 | D | — | — | Class A Common Stock | 36,000 | 10,546,042 | I |
Explanation of responses
- F1The 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.
- F2The Reporting Person transferred 50,000 shares of Class C Common Stock to Skonnard Consulting, Inc., of which the Reporting Person is an owner.
- F3The shares are held of record by Skonnard Consulting, Inc., of which the Reporting Person is an owner.
- F4Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, immediately prior to the transfer the shares of Class C Common Stock automatically converted into an equal number of fully-paid nonassessable shares of the Issuer's Class B Common Stock.