Hardeep Gulati - Mar 22, 2024 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC. (PWSC)

Signature
/s/ Eric Shander, by Power of Attorney
Stock symbol
PWSC
Transactions as of
Mar 22, 2024
Transactions value $
-$95,228
Form type
4
Date filed
3/26/2024, 02:29 PM
Previous filing
Mar 22, 2024
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Sale -$65.8K -3.15K -0.15% $20.88 2.06M Mar 22, 2024 Direct F1
transaction PWSC Class A Common Stock Sale -$29.5K -1.4K -0.07% $21.04 2.06M Mar 25, 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.795 to $20.92. 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.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.10. 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.