Hardeep Gulati - Jun 28, 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
Stock symbol: PWSC
Transactions as of: Jun 28, 2023
Transactions value $: -$364,403
Form type: 4/A - Amendment
Date filed: 9/5/2023, 07:23 PM
Date Of Original Report: Jun 30, 2023
Previous filing: Sep 5, 2023
Next filing: Sep 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PWSC	Class A Common Stock	Sale	-$364K	-19.2K	-0.82%	$19.01	2.31M	Jun 28, 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 March 25, 2022. This sale does not represent a discretionary transaction by the Reporting Person.
F2	On June 30, 2023, the Reporting Person filed a Form 4 which inadvertently misstated the number of shares held by the Reporting Person following the sale of 19,169 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 28, 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 March 25, 2022. This sale does not represent a discretionary transaction by the Reporting Person.

On June 30, 2023, the Reporting Person filed a Form 4 which inadvertently misstated the number of shares held by the Reporting Person following the sale of 19,169 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 28, 2023.