Angelina Hendraka - Aug 2, 2023 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC. (PWSC)

Role
Chief Accounting Officer
Signature
/s/ Eric Shander, by Power of Attorney for Angelina Hendraka
Stock symbol
PWSC
Transactions as of
Aug 2, 2023
Transactions value $
-$83,233
Form type
4
Date filed
8/18/2023, 07:32 PM
Previous filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Restricted Share Units Sale -$83.2K -3.66K -2.85% $22.76 125K Aug 2, 2023 Direct F1
transaction PWSC Restricted Share Units Disposed to Issuer $0 -109K -87.22% $0.00 15.9K Aug 11, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Angelina Hendraka is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 August 9, 2021. This sale does not represent a discretionary transaction by the Reporting Person.
F2 Represents the forfeiture of RSUs due to the Reporting Person's departure from PowerSchool Holdings, Inc. on August 11, 2023.