Andrew A. Gerber - Mar 8, 2024 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Signature
/s/ Andrew A. Gerber
Stock symbol
PAY
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/11/2024, 04:40 PM
Previous filing
Feb 21, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAY Class A Common Stock Award $0 +31.2K +27.78% $0.00 144K Mar 8, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests, subject to continued service of the reporting person through the applicable vesting date. One fifth of the RSUs will vest on March 8, 2025, and one twentieth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2025. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15.