Pride Gp, Inc. - Mar 6, 2024 Form 4 Insider Report for PAYCOR HCM, INC. (PYCR)

Role
10%+ Owner
Signature
/s/ Jason Wright, President of Pride GP, Inc.
Stock symbol
PYCR
Transactions as of
Mar 6, 2024
Transactions value $
-$160,368,000
Form type
4
Date filed
3/8/2024, 04:26 PM
Previous filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYCR Common Stock Sale -$160M -8M -100% $20.05 0 Mar 6, 2024 See Footnotes F1, F2, F3
holding PYCR Common Stock 96.1M Mar 6, 2024 See Footnotes F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,651,106 and 2,348,894 shares of Common Stock of the Issuer that (i) were received by Pride Feeder, LP ("Pride Feeder") and AIX Pride Syndication L.P. ("AIX Pride"), respectively, from Pride Aggregator, LP ("Pride Aggregator") in a pro rata distribution for no consideration that was exempt from Section 16 pursuant to Rule 16a-9 and (ii) were sold to the underwriters in connection with an underwritten block trade pursuant to the Issuer's Automatic Shelf Registration Statement on Form S-3ASR (File No. 333-267291).
F2 Pride GP, Inc. ("Pride GP") is the general partner of Pride Aggregator and Pride Feeder. AIX Pride Syndication GP Co. Limited is the general partner of AIX Pride. Apax IX GP Co. Limited ("Apax IX GP") is the sole shareholder of Pride GP.
F3 Apax IX GP is the investment manager of the relevant investment vehicles in the fund known as Apax IX and is controlled by a board of directors consisting of Elizabeth Burne, Simon Cresswell, Andrew Guille, Martin Halusa, Jeremy Latham, and Paul Meader. The registered address for Apax IX is Third Floor Royal Bank Place, 1 Glategny Esplanade, St Peter Port, Guernsey GY1 2HJ.
F4 Represents shares of Common Stock of the Issuer that are held by Pride Aggregator after giving effect to the distribution separately reported by Pride Aggregator.