Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
GROSS STEWART K P
  2. Issuer Name and Ticker or Trading Symbol
SKILLSOFT PUBLIC LIMITED CO [SKIL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
375 PARK AVENUE, 11TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2009
(Street)

NEW YORK, NY 10152
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Ordinary Shares (1) $ 4.25 09/08/2009   D(2)     25,000   (2) 09/06/2012 Ordinary Shares (1) 25,000 (2) 0 D  
Option to Purchase Ordinary Shares (1) $ 4.25 09/08/2009   A(2)   25,000     (2) 09/06/2012 Ordinary Shares (1) 25,000 (2) 25,000 D  
Option to Purchase Ordinary Shares (1) $ 8.65 09/08/2009   D(3)     10,000   (3) 01/01/2014 Ordinary Shares (1) 10,000 (3) 0 D  
Option to Purchase Ordinary Shares (1) $ 8.65 09/08/2009   A(3)   10,000     (3) 01/01/2014 Ordinary Shares (1) 10,000 (3) 10,000 D  
Option to Purchase Ordinary Shares (1) $ 5.65 09/08/2009   D(4)     10,000   (4) 01/01/2015 Ordinary Shares (1) 10,000 (4) 0 D  
Option to Purchase Ordinary Shares (1) $ 5.65 09/08/2009   A(4)   10,000     (4) 01/01/2015 Ordinary Shares (1) 10,000 (4) 10,000 D  
Option to Purchase Ordinary Shares (1) $ 5.5 09/08/2009   D(5)     10,000   (5) 01/01/2016 Ordinary Shares (1) 10,000 (5) 0 D  
Option to Purchase Ordinary Shares (1) $ 5.5 09/08/2009   A(5)   10,000     (5) 01/01/2016 Ordinary Shares (1) 10,000 (5) 10,000 D  
Option to Purchase Ordinary Shares (1) $ 6.21 09/08/2009   D(6)     10,000   (6) 01/01/2017 Ordinary Shares (1) 10,000 (6) 0 D  
Option to Purchase Ordinary Shares (1) $ 6.21 09/08/2009   A(6)   10,000     (6) 01/01/2017 Ordinary Shares (1) 10,000 (6) 10,000 D  
Option to Purchase Ordinary Shares (1) $ 9.56 09/08/2009   D(7)     20,000   (7) 01/01/2018 Ordinary Shares (1) 20,000 (7) 0 D  
Option to Purchase Ordinary Shares (1) $ 9.56 09/08/2009   A(7)   20,000     (7) 01/01/2018 Ordinary Shares (1) 20,000 (7) 20,000 D  
Option to Purchase Ordinary Shares (1) $ 7.14 09/08/2009   D(8)     20,000   (8) 01/01/2019 Ordinary Shares (1) 20,000 (8) 0 D  
Option to Purchase Ordinary Shares (1) $ 7.14 09/08/2009   A(8)   20,000     (8) 01/01/2019 Ordinary Shares (1) 20,000 (8) 20,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GROSS STEWART K P
375 PARK AVENUE
11TH FLOOR
NEW YORK, NY 10152
  X      

Signatures

 /s/ Greg Porto (for Stewart Gross)   09/09/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each issued and outstanding Ordinary Share of the issuer, or option to purchase an ordinary share of the issuer, is represented by one (1) ADS.
(2) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted September 6, 2002 and provides for vesting in four equal annual installments commencing September 6, 2003.
(3) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2004 and provides for vesting in four equal annual installments commencing January 1, 2005.
(4) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2005 and provides for vesting in four equal annual installments commencing January 1, 2006.
(5) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2006 and provides for full vesting on the first anniversary date of January 1, 2007.
(6) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2007 and provides for full vesting on the first anniversary date of January 1, 2008.
(7) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2008 and provides for full vesting on the first anniversary date of January 1, 2009.
(8) The two reported transactions involved an amendment of an outstanding option,extending the post-termination exercise period of the option from three months to twelve months, resulting in the deemed cancellation of the old option and the grant of a replacement option. The option was originally granted January 1, 2009 and provides for full vesting on the first anniversary date of January 1, 2010.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.