0001738460-20-000002.txt : 20200129
0001738460-20-000002.hdr.sgml : 20200129
20200129172401
ACCESSION NUMBER: 0001738460-20-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200127
FILED AS OF DATE: 20200129
DATE AS OF CHANGE: 20200129
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: 20559152
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_158033662422883.xml
FORM 4
X0306
4
2020-01-27
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
2020-01-27
4
M
0
83404
0
A
165845
D
Class A Common Stock
2020-01-27
4
F
0
83404
19.77
D
82441
D
Restricted Share Units
2020-01-27
4
M
0
187500
0
D
Class C Common Stock
187500.0
1125000
D
Class C Common Stock
2020-01-27
4
M
0
187500
0
A
Class A Common Stock
187500.0
2114015
D
Class C Common Stock
2020-01-27
4
M
0
83404
0
D
Class A Common Stock
83404.0
2030611
D
Represents shares of Class C Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.
The shares listed as disposed of were withheld by the Issuer to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units previously granted to the Reporting Person. Such withholding 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.
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 vested 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
2020-01-29