0001738460-21-000004.txt : 20210127
0001738460-21-000004.hdr.sgml : 20210127
20210127171533
ACCESSION NUMBER: 0001738460-21-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210125
FILED AS OF DATE: 20210127
DATE AS OF CHANGE: 20210127
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: 21560890
MAIL ADDRESS:
STREET 1: 182 N. UNION AVENUE
CITY: FARMINGTON
STATE: UT
ZIP: 84025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Skonnard Consulting, Inc.
CENTRAL INDEX KEY: 0001740693
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38498
FILM NUMBER: 21560891
BUSINESS ADDRESS:
STREET 1: 182 N. UNION AVENUE
CITY: FARMINGTON
STATE: UT
ZIP: 84025
BUSINESS PHONE: (801) 784-9007
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: 42 FUTURE WAY
CITY: DRAPER
STATE: UT
ZIP: 84020
BUSINESS PHONE: (801) 784-9007
MAIL ADDRESS:
STREET 1: 42 FUTURE WAY
CITY: DRAPER
STATE: UT
ZIP: 84020
4
1
wf-form4_161178572110823.xml
FORM 4
X0306
4
2021-01-25
0
0001725579
Pluralsight, Inc.
PS
0001738460
Skonnard Aaron
C/O PLURALSIGHT, INC.
42 FUTURE WAY
DRAPER
UT
84020
1
1
1
0
Co-Founder, CEO, & Chairman
0001740693
Skonnard Consulting, Inc.
C/O PLURALSIGHT, INC.
42 FUTURE WAY
DRAPER
UT
84020
0
0
0
1
Relation to Reporting Person
Class A Common Stock
150857
D
Class A Common Stock
329827
I
See footnote.
Restricted Share Units
2021-01-25
4
M
0
187500
0
D
Class C Common Stock
187500.0
375000
D
Class C Common Stock
2021-01-25
4
M
0
187500
0
A
Class A Common Stock
187500.0
2061441
D
Class C Common Stock
2021-01-25
4
F
0
79880
0
D
Class A Common Stock
79880.0
1981561
D
Class C Common Stock
Class A Common Stock
365317.0
365317
I
See footnote.
Class C Common Stock
Class A Common Stock
440477.0
440477
I
See footnote.
Class C Common Stock
Class A Common Stock
988408.0
988408
I
See footnote.
Class C Common Stock
Class A Common Stock
9732644.0
9732644
I
See footnote.
The shares are held of record by Skonnard Consulting, Inc. of which the Reporting Person is an owner.
Each restricted share unit ("RSU") represents a contingent right to receive one share of Class C Common Stock and one limited liability company unit of Pluralsight Holdings, LLC (each, an "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 Reporting Person, 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. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e). These shares were not issued to or sold by the Reporting Person.
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 which the Reporting Person has sole voting and dispositive power.
The shares are held of record by the Skonnard Family GRAT 2021, of which the Reporting Person is trustee.
The shares are held of record by the True Nord Trust, of which members of the Reporting Person's immediate family are beneficiaries.
/s/ Matthew Forkner, by power of attorney for Aaron Skonnard
2021-01-27
/s/ Matthew Forkner, by power of attorney for Skonnard Consulting, Inc.
2021-01-27