Hardeep Gulati - Mar 18, 2024 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 18, 2024
Transactions value $
-$634,007
Form type
4
Date filed
3/20/2024, 01:22 PM
Previous filing
Jan 2, 2024
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Sale -$318K -15.3K -0.71% $20.75 2.14M Mar 18, 2024 Direct F1
transaction PWSC Class A Common Stock Sale -$316K -15.2K -0.71% $20.83 2.13M Mar 19, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $20.47 to $20.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $20.45 to $20.995. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.