Accel-KKR Holdings GP, LLC - Dec 5, 2024 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Signature
Accel-KKR Holdings GP, LLC, /s/ Thomas C. Barnds, as its authorized signatory
Stock symbol
PAY
Transactions as of
Dec 5, 2024
Transactions value $
$0
Form type
4
Date filed
12/6/2024, 08:19 PM
Previous filing
Nov 27, 2024

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 -7.42M -11.61% $0.00 56.5M Dec 5, 2024 Class A Common Stock 7.42M Accel-KKR Capital Partners CV III, LP F1, F2, F3, F4, F5
transaction PAY Class B Common Stock Other $0 -577K -11.5% $0.00 4.44M Dec 5, 2024 Class A Common Stock 577K Accel-KKR Members Fund, LLC F1, F2, F3, F4, F5
holding PAY Class B Common Stock 3.03M Dec 5, 2024 Class A Common Stock 3.03M Accel-KKR Growth Capital Partners III, LP F1, F3, F4, F5
holding PAY Class B Common Stock 101K Dec 5, 2024 Class A Common Stock 101K Accel-KKR Growth Capital Partners II Strategic Fund, LP F1, F3, F4, F5
holding PAY Class B Common Stock 1.2M Dec 5, 2024 Class A Common Stock 1.2M Accel-KKR Growth Capital Partners II, LP F1, F3, F4, F5
holding PAY Class B Common Stock 813K Dec 5, 2024 Class A Common Stock 813K AKKR Strategic Capital LP F1, F3, F4, F5, F6
holding PAY Class B Common Stock 182K Dec 5, 2024 Class A Common Stock 182K AKKR SC GPI HoldCo LP F1, F3, F4, F5, F7
* 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; (v) (v) Accel-KKR Members Fund, LLC, or Members Fund; (vi) AKKR Strategic Capital LP, or SC; and (vii) AKKR SC GPI HoldCo LP, or SC GPI.
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 Strategic Capital GP, or SC GP, is the sole general partner of SC. 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, GC II GP, SC GP and SC GPI. Topco GP, is the sole managing member of UGP. AKKR Fund II Management Company, LP,
F5 (Continued from footnote 4) 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.
F6 Includes 542,000 shares received from CV III in the distribution described in footnote 2. Such shares were previously reported as indirectly owned through CVIII.
F7 Includes 121,515 shares received from CV III in the distribution described in footnote 2. Such shares were previously reported as indirectly owned through CVIII.