0001738460-19-000030.txt : 20190430
0001738460-19-000030.hdr.sgml : 20190430
20190430164734
ACCESSION NUMBER: 0001738460-19-000030
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190426
FILED AS OF DATE: 20190430
DATE AS OF CHANGE: 20190430
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Skonnard Aaron
CENTRAL INDEX KEY: 0001738460
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38498
FILM NUMBER: 19782598
MAIL ADDRESS:
STREET 1: 182 N. UNION AVENUE
CITY: FARMINGTON
STATE: UT
ZIP: 84025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Pluralsight, Inc.
CENTRAL INDEX KEY: 0001725579
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 823605465
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 182 NORTH UNION AVENUE
CITY: FARMINGTON
STATE: UT
ZIP: 84025
BUSINESS PHONE: (801) 784-9007
MAIL ADDRESS:
STREET 1: 182 NORTH UNION AVENUE
CITY: FARMINGTON
STATE: UT
ZIP: 84025
4
1
wf-form4_155665723987129.xml
FORM 4
X0306
4
2019-04-26
0
0001725579
Pluralsight, Inc.
PS
0001738460
Skonnard Aaron
C/O PLURALSIGHT, INC.
182 NORTH UNION AVENUE
FARMINGTON
UT
84025
1
1
1
0
Co-Founder, CEO, & Chairman
Class A Common Stock
2019-04-26
4
C
0
83395
0
A
165386
D
Class A Common Stock
2019-04-26
4
M
0
50000
0
A
215386
D
Class A Common Stock
2019-04-26
4
S
0
83395
33.695
D
131991
D
Class A Common Stock
2019-04-26
4
S
0
50000
33.7416
D
81991
D
Restricted Share Units
2019-04-26
4
M
0
187500
0
D
Class C Common Stock
187500.0
1687500
D
Class C Common Stock
2019-04-26
4
M
0
187500
0
A
Class A Common Stock
187500.0
1884567
D
Class C Common Stock
2019-04-26
4
C
0
83395
0
D
Class A Common Stock
83395.0
1801172
D
Class C Common Stock
2019-04-26
4
M
0
50000
0
D
Class A Common Stock
50000.0
1751172
D
Represent shares of Class C Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.
The reported shares were sold to satisfy the Reporting Person's tax liability in connection with the vesting of RSUs.
The sale price represents the weighted average price of the shares sold ranging from $33.6 to $33.825 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
The sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2018.
The sale price represents the weighted average price of the shares sold ranging from $33.24 to $33.99 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Each restricted share unit ("RSU") represents a contingent right to receive one share of Class C Common Stock and one LLC Unit. 25% of the RSUs vest on July 25, 2018 and an additional 6.25% vest each three months thereafter.
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 holders thereof, 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.
/s/ Matthew Forkner, by power of attorney for Aaron Skonnard
2019-04-29