Sarah Kathryn Haines - 01 Oct 2023 Form 4 Insider Report for PAYCOR HCM, INC. (PYCR)

Signature
/s/ Alice Geene by Power of Attorney
Issuer symbol
PYCR
Transactions as of
01 Oct 2023
Net transactions value
-$22,670
Form type
4
Filing time
03 Oct 2023, 19:26:19 UTC
Previous filing
25 Jul 2023
Next filing
25 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYCR Common Stock Award $0 +13,141 +60% $0.000000 35,000 01 Oct 2023 Direct F1
transaction PYCR Common Stock Tax liability $22,670 -993 -2.8% $22.83 34,007 01 Oct 2023 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, 2024, 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 Represents shares withheld to satisfy tax withholding obligations upon vesting of RSUs.