Robert Palumbo - 21 May 2025 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Signature
/s/ Robert Palumbo, /s/ Thomas C. Barnds, as attorney-in-fact
Issuer symbol
PAY
Transactions as of
21 May 2025
Net transactions value
$0
Form type
4
Filing time
23 May 2025, 17:30:09 UTC
Previous filing
19 May 2025
Next filing
04 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Palumbo Robert Director, 10%+ Owner C/O ACCEL-KKR, 2180 SAND HILL ROAD, SUITE 300, MENLO PARK /s/ Robert Palumbo, /s/ Thomas C. Barnds, as attorney-in-fact 23 May 2025 0001475179

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 -3,602,968 -7.2% $0.000000 46,616,061 21 May 2025 Class A Common Stock 3,602,968 Accel-KKR Capital Partners CV III, LP F1, F2, F3, F4
transaction PAY Class B Common Stock Other $0 -180,352 -6.9% $0.000000 2,445,870 21 May 2025 Class A Common Stock 180,352 Accel-KKR Members Fund, LLC F1, F2, F3, F4
transaction PAY Class B Common Stock Other $0 -151,676 -7.2% $0.000000 1,962,419 21 May 2025 Class A Common Stock 151,676 Accel-KKR Growth Capital Partners III, LP F1, F2, F3, F4
transaction PAY Class B Common Stock Other $0 -5,084 -7.2% $0.000000 65,772 21 May 2025 Class A Common Stock 5,084 Accel-KKR Growth Capital Partners II Strategic Fund, LP F1, F2, F3, F4
transaction PAY Class B Common Stock Other $0 -59,920 -7.2% $0.000000 775,265 21 May 2025 Class A Common Stock 59,920 Accel-KKR Growth Capital Partners II, LP F1, F2, F3, F4
holding PAY Class B Common Stock 3,134,026 21 May 2025 Class A Common Stock 3,134,026 AKKR Strategic Capital LP F1, F3, F4, F5
holding PAY Class B Common Stock 375,812 21 May 2025 Class A Common Stock 375,812 AKKR SC GPI HoldCo LP F1, F3, F4, F6
holding PAY Class B Common Stock 3,244,275 21 May 2025 Class A Common Stock 3,244,275 Direct F1, 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) 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. 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 II
F4 (Continued from footnote 3) 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, 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. Each of the foregoing entities and Mr. Barnds have separately filed Form 4s reporting their interests.
F5 Includes 321,167 shares received in distributions described in footnote 2. Such shares were previously reported as indirectly owned through the entities effecting such distributions.
F6 Includes 64,542 shares received in distributions described in footnote 2. Such shares were previously reported as indirectly owned through the entities effecting such distributions.
F7 Includes 461,947 shares of Class B Common Stock received in distributions described in footnote 2. Such shares were previously reported as indirectly owned through the entities effecting such distributions.