Accel-KKR Holdings GP, LLC - Aug 22, 2024 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Role
Director, 10%+ Owner
Signature
Accel-KKR Holdings GP, LLC, /s/ Thomas C. Barnds, as its authorized signatory
Stock symbol
PAY
Transactions as of
Aug 22, 2024
Transactions value $
$0
Form type
4
Date filed
8/26/2024, 07:56 PM
Previous filing
Mar 15, 2024
Next filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAY Class A Common Stock Conversion of derivative security $0 +156K +6.93% $0.00 2.4M Aug 22, 2024 Accel-KKR Capital Partners CV III, LP F1, F3, F4
holding PAY Class A Common Stock 94.5K Aug 22, 2024 Acel-KKR Growth Capital Partners III, LP F3, F4
holding PAY Class A Common Stock 3.17K Aug 22, 2024 Accel-KKR Growth Capital Partners II Strategic Fund, LP F3, F4
holding PAY Class A Common Stock 37.4K Aug 22, 2024 Accel-KKR Growth Capital Partners II, LP F3, F4

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 PAY Class B Common Stock Other $0 -1.7M -2.41% $0.00 68.7M Aug 22, 2024 Class A Common Stock 1.7M Accel-KKR Capital Partners CV III, LP F1, F2, F3, F4
transaction PAY Class B Common Stock Conversion of derivative security $0 -156K -0.23% $0.00 68.6M Aug 22, 2024 Class A Common Stock 156K Accel-KKR Capital Partners CV III, LP F1, F3, F4
transaction PAY Class B Common Stock Other $0 -144K -2.61% $0.00 5.38M Aug 22, 2024 Class A Common Stock 144K Accel-KKR Members Fund, LLC F1, F2, F3, F4
holding PAY Class B Common Stock 3.03M Aug 22, 2024 Class A Common Stock 3.03M Acel-KKR Growth Capital Partners III, LP F1, F3, F4
holding PAY Class B Common Stock 101K Aug 22, 2024 Class A Common Stock 101K Accel-KKR Growth Capital Partners II Strategic Fund, LP F1, F3, F4
holding PAY Class B Common Stock 1.2M Aug 22, 2024 Class A Common Stock 1.2M Accel-KKR Growth Capital Partners II, LP F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Common Stock is convertible at any time, at the holder's election and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock and has no expiration date.
F2 In-kind pro rata distribution from the Reporting Person to its partners, without consideration.
F3 Accel-KKR Holdings GP, LLC , or Topco GP (for which decision making is controlled by Mr. Palumbo and Mr. Barnds), has voting and investment power over the shares of Common Stock of the Issuer owned by (i) Accel-KKR Capital Partners CV III, LP, or CV III; (ii) Accel-KKR Growth Capital Partners III, LP, or GC III; (iii) Accel-KKR Growth Capital Partners II Strategic Fund, LP, or GC II Strategic; (iv) Accel-KKR Growth Capital Partners II, LP, or GC II; and (v) Accel-KKR Members Fund, LLC, or Members Fund.
F4 (Continued from footnote 3) AKKR Fund III Management Company CV, LP, or CV III GP, is the sole general partner of CV III. AKKR Growth Capital Management Company III, LP, or GC III GP, is the sole general partner of GC III. AKKR Growth Capital Management Company II, LP, or GC II GP, is the sole general partner of GC II Strategic and GC II. AKKR Management Company, LLC, or UGP, is the sole managing member of Members Fund and the sole general partner of CV III GP, GC III GP and GC II GP. Topco GP, is the sole managing member of UGP. AKKR Fund II Management Company, LP, or the Management Company, is the sole management company of each of the Accel-KKR Funds, and UGP is the general partner of the Management Company. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of such Reporting Person's pecuniary interest therein. Mr. Palumbo and Mr. Barnds have separately filed Form 4s reporting their interests.