Alice Geene - Apr 23, 2023 Form 4 Insider Report for PAYCOR HCM, INC. (PYCR)

Role
Chief Legal Officer and Secretary
Signature
/s/ Alice Geene
Stock symbol
PYCR
Transactions as of
Apr 23, 2023
Transactions value $
-$54,847
Form type
4
Date filed
4/25/2023, 05:13 PM
Previous filing
Feb 17, 2023
Next filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYCR Common Stock Tax liability -$24.5K -998 -1.73% $24.59 56.7K Apr 23, 2023 Direct F1
transaction PYCR Common Stock Sale -$30.3K -1.27K -2.23% $23.92 55.4K Apr 25, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2022.

Remarks:

Chief Legal Officer and Secretary