SEC Form 4/A · accession 0001738460-19-000014
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
Jan 28, 2019
Accepted (ET)
Feb 14, 2019 · 4:55 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 Stock | Jan 28, 2019 | M | 130,744 | $0.00 | A | 131,258 | D | |
| Class A Common StockF1 | Jan 28, 2019 | S$0 | 80,744 | $0.00 | D | 514 | 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 | — | Jan 28, 2019 | C | 80,744 | D | — | — | Class A Common Stock | 80,744 | 2,177,685 | D |
Explanation of responses
- F1The reported shares were sold to satisfy the Reporting Person's tax liability in connection with the vesting of RSUs.
- 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.
Remarks
This Form 4 is being amended to correctly reflect the Transaction Code of "C" for 80,744 shares of shares of Class C Common Stock, which shares were exchanged into shares of Class A Common Stock and then sold to satisfy the Reporting Person's tax liability. The acquisition of shares of Class A Common Stock and subsequent sale to satisfy tax liability are reflected in Table I of this amended Form 4.