0001835681-23-000050.txt : 20230403 0001835681-23-000050.hdr.sgml : 20230403 20230403190403 ACCESSION NUMBER: 0001835681-23-000050 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230330 FILED AS OF DATE: 20230403 DATE AS OF CHANGE: 20230403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GULATI HARDEEP CENTRAL INDEX KEY: 0001858877 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40684 FILM NUMBER: 23794483 MAIL ADDRESS: STREET 1: C/O POWERSCHOOL HOLDINGS, INC. STREET 2: 150 PARKSHORE DRIVE CITY: FOLSOM STATE: CA ZIP: 95630 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POWERSCHOOL HOLDINGS, INC. CENTRAL INDEX KEY: 0001835681 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 854166024 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 150 PARKSHORE DRIVE CITY: FOLSOM STATE: CA ZIP: 95630 BUSINESS PHONE: (916) 767-3628 MAIL ADDRESS: STREET 1: 150 PARKSHORE DRIVE CITY: FOLSOM STATE: CA ZIP: 95630 4 1 wf-form4_168056303104621.xml FORM 4 X0407 4 2023-03-30 0 0001835681 POWERSCHOOL HOLDINGS, INC. PWSC 0001858877 GULATI HARDEEP C/O POWERSCHOOL HOLDINGS, INC. 150 PARKSHORE DR FOLSOM CA 95630 1 1 0 0 Chief Executive Officer 0 Class A Common Stock 2023-03-30 4 S 0 40093 19.3825 D 2403200 D Class A Common Stock 2023-03-31 4 S 0 39009 19.9211 D 2364191 D 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.24 to $19.68. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.57 to $20.09. 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. /s/ Eric Shander, by Power of Attorney 2023-04-03