Alice L. Geene - 01 Oct 2022 Form 4 Insider Report for PAYCOR HCM, INC. (PYCR)

Role
Chief Legal Officer and Secretary
Signature
/s/ Alice Geene
Issuer symbol
PYCR
Transactions as of
01 Oct 2022
Net transactions value
$0
Form type
4
Filing time
04 Oct 2022, 21:39:10 UTC
Previous filing
26 Jul 2022
Next filing
25 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYCR Common Stock Gift $0 -348 -1.3% $0.000000 27,467 13 Sep 2022 Direct
transaction PYCR Common Stock Award $0 +33,830 +123% $0.000000 61,297 01 Oct 2022 Direct F1

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 +70,054 $0.000000 70,054 01 Oct 2022 Common Stock 70,054 $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.

Remarks:

Chief Legal Officer and Secretary