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PS Pluralsight Inc

22.45
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pluralsight Inc NASDAQ:PS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.45 22.00 22.52 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

10/08/2020 9:45pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Skonnard Aaron
2. Issuer Name and Ticker or Trading Symbol

Pluralsight, Inc. [ PS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Co-Founder, CEO, & Chairman
(Last)          (First)          (Middle)

C/O PLURALSIGHT, INC., 182 NORTH UNION AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

8/6/2020
(Street)

FARMINGTON, UT 84025
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class C Common Stock  (1)8/6/2020  J (2)    216223   (1) (1)Class A Common Stock 216223.0 $0 440477 I See footnote. (3)
Class C Common Stock  (1)8/6/2020  J (2)  216223     (1) (1)Class A Common Stock 216223.0 $0 365317 I See footnote. (4)
Class C Common Stock  (1)           (1) (1)Class A Common Stock 1769504.0  1769504 D  
Class C Common Stock  (1)           (1) (1)Class A Common Stock 988408.0  988408 I See footnote. (5)
Class C Common Stock  (1)           (1) (1)Class A Common Stock 9732644.0  9732644 I See footnote. (6)

Explanation of Responses:
(1) The 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 Reporting Person, and (iii) may only be issued, on a one-for-one basis, to the Reporting Person and his associated entities who held limited liability company units of Pluralsight Holdings, LLC (each, an "LLC Unit"). 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.
(2) The reported shares represent a disposition and acquisition resulting from the transfer of shares from the Skonnard Family GRAT 2021 (the "GRAT") to the Aaron and Monica Skonnard Revocable Trust as part of the annual annuity contribution pursuant to the terms of the GRAT and is permissible pursuant to the terms of the lock-up agreement as further described in the Issuer's prospectus dated June 9, 2020 relating to the underwritten public offering of the Issuer's Class A Common Stock completed on June 12, 2020. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(e) and these shares were not issued to or sold by the Reporting Person.
(3) The shares are held of record by the GRAT, of which the Reporting Person is trustee.
(4) The shares are held of record by the Aaron and Monica Skonnard Revocable Trust, of which the Reporting Person is a co-trustee, and for the which Reporting Person has sole voting and dispositive power.
(5) The shares are held of record by the True Nord Trust, of which members of the Reporting Person's immediate family are beneficiaries.
(6) The shares are held of record by Skonnard Consulting, Inc. of which the Reporting Person is an owner.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Skonnard Aaron
C/O PLURALSIGHT, INC.
182 NORTH UNION AVENUE
FARMINGTON, UT 84025
XXCo-Founder, CEO, & Chairman
Skonnard Consulting, Inc.
C/O PLURALSIGHT, INC.
182 NORTH UNION AVENUE
FARMINGTON, UT 84025



Relation to Reporting Person

Signatures
/s/ Matthew Forkner, by power of attorney for Aaron Skonnard8/10/2020
**Signature of Reporting PersonDate

/s/ Matthew Forkner, by power of attorney for Skonnard Consulting, Inc.8/10/2020
**Signature of Reporting PersonDate

1 Year Pluralsight Chart

1 Year Pluralsight Chart

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1 Month Pluralsight Chart