Jody R. Davids - 18 Apr 2022 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Role: Director
Signature: /s/ Andrew A. Gerber, Attorney-in-Fact
Issuer symbol: PAY
Transactions as of: 18 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Apr 2022, 16:04:11 UTC
Previous filing: 07 Dec 2021
Next filing: 07 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAY	Class A Common Stock	Award	$0	+18,458		$0.000000	18,458	18 Apr 2022	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-third of the RSUs will vest each of the first, second and third anniversaries of the grant date. Any vesting date that is scheduled to occur on a day that is not a trading day shall be deemed to occur on the next trading day.

Content

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-third of the RSUs will vest each of the first, second and third anniversaries of the grant date. Any vesting date that is scheduled to occur on a day that is not a trading day shall be deemed to occur on the next trading day.