Anthony Kender - Apr 1, 2024 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC. (PWSC)

Role
Chief Revenue Officer
Signature
/s/ Eric Shander, by Power of Attorney
Stock symbol
PWSC
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
4
Date filed
5/1/2024, 06:57 PM
Previous filing
Mar 6, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Award $0 +57.4K +28.37% $0.00 260K Apr 1, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PWSC Performance Share Units Award $0 +38.3K $0.00 38.3K Apr 1, 2024 Class A Common Stock 38.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit ("PSU") converts into a number of shares of Class A common stock. The number of PSUs reported on this Form 4 represents the target. The actual number of shares to be granted is determined by applying a payout factor to the target number of PSUs vesting on a given date. The payout factor is based on the achievement of certain performance metrics.
F2 50% of the PSUs will vest on April 1, 2026 and 50% of the PSUs will vest on April 1, 2027, subject to continued employment.