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

Role: Chief Executive Officer, Director
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.