Hardeep Gulati - Mar 30, 2023 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC. (PWSC)

Role
Chief Executive Officer, Director
Signature
/s/ Eric Shander, by Power of Attorney
Stock symbol
PWSC
Transactions as of
Mar 30, 2023
Transactions value $
-$1,554,205
Form type
4
Date filed
4/3/2023, 07:04 PM
Previous filing
Mar 28, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Sale -$777K -40.1K -1.64% $19.38 2.4M Mar 30, 2023 Direct F1, F2
transaction PWSC Class A Common Stock Sale -$777K -39K -1.62% $19.92 2.36M Mar 31, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of a portion of the restricted stock units granted on March 25, 2022. This sale does not represent a discretionary transaction by the Reporting Person.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.24 to $19.68. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.57 to $20.09. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.