Raul Villar Jr. - Oct 1, 2022 Form 4 Insider Report for PAYCOR HCM, INC. (PYCR)

Signature
/s/ Alice Geene, by Power of Attorney
Stock symbol
PYCR
Transactions as of
Oct 1, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 09:40 PM
Previous filing
Jul 26, 2022
Next filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYCR Common Stock Award $0 +152K +117.44% $0.00 282K Oct 1, 2022 Direct F1
holding PYCR Common Stock 25K Oct 1, 2022 By Villar Joint Family Trust

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 PYCR Stock Option (Right to Buy) Award $0 +315K $0.00 315K Oct 1, 2022 Common Stock 315K $29.56 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Stock Units ("RSUs"), 33% of which shall vest on October 1, 2023, with the remainder vesting in 8 quarterly installments thereafter, with the RSUs fully vesting on the third anniversary of the grant date. Each RSU represents the right to receive one share of Common Stock, subject to the reporting person's continued service through the applicable vesting date.
F2 33% of the stock options vest and become exercisable on October 1, 2023, with the remainder vesting in 24 monthly installments thereafter, with the stock options fully vesting on the third anniversary of the grant date, subject in each case to the reporting period's continued service though the applicable vesting date.