Gerasimos (Jerry) Portocalis - 08 Nov 2023 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Role
Chief Commercial Officer
Signature
/s/ Andrew A. Gerber, Attorney-in-Fact
Issuer symbol
PAY
Transactions as of
08 Nov 2023
Transactions value $
-$129,900
Form type
4
Filing time
09 Nov 2023, 08:52:39 UTC
Previous filing
29 Jun 2023
Next filing
11 Mar 2024
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 Conversion of derivative security $0 +15K +3.41% $0.00 454K 08 Nov 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 08 Nov 2023 Class B Common Stock 15K $8.66 Direct F2
transaction PAY Class B Common Stock Options Exercise $0 +15K $0.00 15K 08 Nov 2023 Class A Common Stock 15K Direct F3
transaction PAY Class B Common Stock Conversion of derivative security $0 -15K -100% $0.00* 0 08 Nov 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.