HARDEEP GULATI - 20 Jun 2023 Form 4/A - Amendment Insider Report for POWERSCHOOL HOLDINGS, INC. (PWSC)

Role: Chief Executive Officer, Director
Signature: /s/ Eric Shander, by Power of Attorney
Issuer symbol: PWSC
Transactions as of: 20 Jun 2023
Transactions value $: -$569,945
Form type: 4/A - Amendment
Filing time: 05 Sep 2023, 19:16:47 UTC
Date Of Original Report: 21 Jun 2023
Previous filing: 03 Apr 2023
Next filing: 05 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PWSC	Class A Common Stock	Sale	-$570K	-30.3K	-1.28%	$18.82	2.33M	20 Jun 2023	Direct	F1, F2

* 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 September 15, 2021. This sale does not represent a discretionary transaction by the Reporting Person.
F2	On June 21, 2023, the Reporting Person filed a Form 4 which inadvertently misstated the number of shares held by the Reporting Person following the sale of 30,284 shares to fulfill withholding tax obligations upon vesting. The number of shares reported in Column 5 of this Form 4/A reflects the corrected amount of securities beneficially owned by the Reporting Person following such sale on June 20, 2023.

Content

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 September 15, 2021. This sale does not represent a discretionary transaction by the Reporting Person.

On June 21, 2023, the Reporting Person filed a Form 4 which inadvertently misstated the number of shares held by the Reporting Person following the sale of 30,284 shares to fulfill withholding tax obligations upon vesting. The number of shares reported in Column 5 of this Form 4/A reflects the corrected amount of securities beneficially owned by the Reporting Person following such sale on June 20, 2023.