Gerasimos (Jerry) Portocalis - 27 Jun 2023 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Signature
/s/ Andrew A. Gerber, Attorney-in-Fact
Issuer symbol
PAY
Transactions as of
27 Jun 2023
Transactions value $
-$59,348
Form type
4
Filing time
29 Jun 2023, 19:09:54 UTC
Previous filing
24 Jun 2022
Next filing
09 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAY Class A Common Stock Gift $0 -47.6K -100% $0.00* 0 01 Sep 2022 See Explanation of Responses F1
transaction PAY Class A Common Stock Gift $0 +47.6K $0.00 47.6K 01 Sep 2022 See Explanation of Responses F2
transaction PAY Class A Common Stock Sale -$21.1K -2.01K -0.45% $10.53 443K 27 Jun 2023 Direct F3, F4
transaction PAY Class A Common Stock Sale -$38.2K -3.68K -0.83% $10.39 439K 28 Jun 2023 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held of record by Faliron Investments LLC. The reporting person is the President of Faliron Investments LLC and has sole voting and investment power with respect to the shares held by Faliron Investments LLC.
F2 The reporting person transferred these shares to the Faliron Family Limited Partnership Ltd., a limited partnership of which a single-member limited liablity company is the sole general partner. The reporting person has sole voting and investment power with respect to the general partner.
F3 The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units under the issuer's 2021 Equity Incentive Plan.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.46 to $10.655, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.30 to $10.48, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.