Gerasimos (Jerry) Portocalis - Apr 7, 2022 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Role
Chief Commercial Officer
Signature
/s/ Andrew A. Gerber, Attorney-in-Fact
Stock symbol
PAY
Transactions as of
Apr 7, 2022
Transactions value $
-$9,698
Form type
4
Date filed
4/8/2022, 06:07 PM
Previous filing
May 28, 2021
Next filing
May 19, 2022

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 +323K +678.83% $0.00 371K Apr 7, 2022 Direct F1

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 Stock Option (right to buy) Options Exercise -$9.7K -323K -100% $0.03* 0 Apr 7, 2022 Class B Common Stock 323K $0.03 Direct F2, F3
transaction PAY Class B Common Stock Options Exercise $0 +323K $0.00 323K Apr 7, 2022 Class A Common Stock 323K Direct F3
transaction PAY Class B Common Stock Conversion of derivative security $0 -323K -100% $0.00* 0 Apr 7, 2022 Class A Common Stock 323K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock.
F2 The shares subject to the option are fully vested and exercisable.
F3 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.