Filing Details

Accession Number:
0000950170-24-029338
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-11 16:34:20
Reporting Period:
2024-03-07
Accepted Time:
2024-03-11 16:34:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1841156 Paymentus Holdings Inc. PAY () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504670 Sanjay Kalra 11605 N. Community House Rd.
Suite 300
Charlotte NC 28277
Svp And Cfo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-03-07 32,308 $18.41 442,752 No 4 S Direct
Class A Common Stock Disposition 2024-03-08 33,547 $18.85 409,205 No 4 S Direct
Class A Common Stock Acquisiton 2024-03-08 104,113 $0.00 513,318 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 A Direct
Footnotes
  1. The sale reported on this Form 4 represents 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.15 to $19.1187, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.42 to $19.13, 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.
  4. 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 fourth of the RSUs will vest on March 8, 2025, and one sixteenth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2025. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15.