Key facts
- This page summarizes Ronald D. Mccray's Form 4 filing for POWERSCHOOL HOLDINGS, INC..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 03 Oct 2024, 17:34.
Ronald D. Mccray - 01 Oct 2024 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 01 Oct 2024
- Net transaction value
- -$723,284
- SEC form
- 4
- Accepted by SEC
- 03 Oct 2024, 17:34:47 UTC
- Prior SEC filing
- 05 Mar 2024
- Next SEC filing
- 28 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Eric Shander, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Ronald D. Mccray filed Form 4 for POWERSCHOOL HOLDINGS, INC. on 03 Oct 2024.
Change
- Previous filing in this sequence was filed on 05 Mar 2024.
- Current net transaction value: -$723,284.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PWSC
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $723,284
- Shares
- -31,723
- Change %
- -100%
- Price
- $22.80
- Shares after
- 0
- Date
- 01 Oct 2024
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ronald D. Mccray is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated June 6, 2024, by and among the Issuer, BCPE Polymath Merger Sub, Inc. ("Merger Sub") and BCPE Polymath Buyer, Inc. ("Parent"), Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger (the "Effective Time") each issued and outstanding share of the Issuer's Class A common stock, par value $0.0001 per share (the "Class A Common Stock") owned by the reporting person was cancelled and converted into the right to receive $22.80 per share in cash without interest (the "Per Share Price").
Footnote F2
Includes unvested restricted stock units ("RSUs") of the Issuer which, pursuant to the RSU award agreement, automatically vested in full at the Effective Time. Pursuant to the Merger Agreement, each such vested RSU was automatically cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (a) the Per Share Price and (b) the number of shares of Class A Common Stock subject to such vested RSUs as of immediately prior to the Effective Time.