0001835681-24-000052.txt : 20240501 0001835681-24-000052.hdr.sgml : 20240501 20240501185652 ACCESSION NUMBER: 0001835681-24-000052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240401 FILED AS OF DATE: 20240501 DATE AS OF CHANGE: 20240501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bisignano Michael C. CENTRAL INDEX KEY: 0001631659 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40684 FILM NUMBER: 24904569 MAIL ADDRESS: STREET 1: 520 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Bisignano Michael DATE OF NAME CHANGE: 20150123 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POWERSCHOOL HOLDINGS, INC. CENTRAL INDEX KEY: 0001835681 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology 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 wk-form4_1714604202.xml FORM 4 X0508 4 2024-04-01 0 0001835681 POWERSCHOOL HOLDINGS, INC. PWSC 0001631659 Bisignano Michael C. C/O POWERSCHOOL HOLDINGS, INC. 150 PARKSHORE DR FOLSOM CA 95630 0 1 0 0 Chief Legal Officer 0 Class A Common Stock 2024-04-01 4 A 0 43062 0 A 245289 D Performance Share Units 2024-04-01 4 A 0 28708 0 A Class A Common Stock 28708 28708 D 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. 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. /s/ Eric Shander, by Power of Attorney 2024-05-01