0001738460-19-000010.txt : 20190130
0001738460-19-000010.hdr.sgml : 20190130
20190130182712
ACCESSION NUMBER: 0001738460-19-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190128
FILED AS OF DATE: 20190130
DATE AS OF CHANGE: 20190130
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: 19553184
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_154889081556512.xml
FORM 4
X0306
4
2019-01-28
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
2019-01-28
4
M
0
50000
0
A
50514
D
Class A Common Stock
2019-01-28
4
S
0
49900
29.3592
D
614
D
Class A Common Stock
2019-01-28
4
S
0
100
29.76
D
514
D
Restricted Share Units
2019-01-28
4
M
0
187500
0
D
Class C Common Stock
187500.0
1875000
D
Class C Common Stock
2019-01-28
4
M
0
187500
0
A
Class A Common Stock
187500.0
2308429
D
Class C Common Stock
2019-01-28
4
F
0
80744
0
D
Class A Common Stock
80744.0
2227685
D
Class C Common Stock
2019-01-28
4
M
0
50000
0
D
Class A Common Stock
50000.0
2177685
D
The reported shares represent a one-for-one exchange of the Issuer's Class C Common Stock to Class A Common Stock following the January 28, 2019 settlement date.
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 $28.72 to $29.70 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 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.
The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of RSUs.
Represent shares of Class C Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.
/s/ Matthew Forkner, by power of attorney for Aaron Skonnard
2019-01-30