Bisignano Michael C. 4
4 · POWERSCHOOL HOLDINGS, INC. · Filed May 1, 2024
Insider Transaction Report
Form 4
Bisignano Michael
Chief Legal Officer
Transactions
- Award
Class A Common Stock
2024-04-01+43,062→ 245,289 total - Award
Performance Share Units
2024-04-01+28,708→ 28,708 total→ Class A Common Stock (28,708 underlying)
Footnotes (2)
- [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.