Parson Matt 4
4 · Paymentus Holdings, Inc. · Filed May 28, 2021
Insider Transaction Report
Form 4
Parson Matt
Chief Financial Officer
Transactions
- Other
Stock Option (Right to Buy)
2021-05-28+335,000→ 335,000 totalExercise: $8.66Exp: 2030-08-19→ Class B Common Stock (335,000 underlying) - Purchase
Class A Common Stock
2021-05-28$21.00/sh+4,761$99,981→ 4,761 total - Other
Stock Option (Right to Buy)
2021-05-28−335,000→ 0 totalExercise: $8.66Exp: 2030-08-19→ Common Stock (335,000 underlying)
Footnotes (3)
- [F1]Represents shares acquired pursuant to a directed share program in connection with the Issuer's initial public offering of Class A Common Stock.
- [F2]Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock. 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.
- [F3]One fifth (1/5th) of the shares subject to the award shall vest one year after August 10, 2020, or the Vesting Commencement Date, and one sixtieth (1/60th) of the shares subject to the award shall vest each month thereafter on the same day of the month as the Vesting Commencement Date.