Gerasimos (Jerry) Portocalis - Nov 8, 2023 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
Nov 8, 2023
Transactions value $
-$129,900
Form type
4
Date filed
11/9/2023, 08:52 AM
Previous filing
Jun 29, 2023
Next filing
Mar 11, 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 +15K +3.41% $0.00 454K Nov 8, 2023 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 -$130K -15K -64.29% $8.66 8.33K Nov 8, 2023 Class B Common Stock 15K $8.66 Direct F2
transaction PAY Class B Common Stock Options Exercise $0 +15K $0.00 15K Nov 8, 2023 Class A Common Stock 15K Direct F3
transaction PAY Class B Common Stock Conversion of derivative security $0 -15K -100% $0.00* 0 Nov 8, 2023 Class A Common Stock 15K 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 One sixtieth (1/60th) of the shares subject to the award vested on September 30, 2019, and one sixtieth (1/60th) of the shares subject to the award vest on the last day of each month thereafter.
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.