Trainor Gary 4
4 · Paymentus Holdings, Inc. · Filed Jun 10, 2022
Insider Transaction Report
Form 4
Trainor Gary
Director
Transactions
- Sale
Class A Common Stock
2022-06-09$13.68/sh−620,000$8,481,600→ 669,888 total(indirect: See Explanation of Responses) - Conversion
Class A Common Stock
2022-06-09+1,189,888→ 1,289,888 total(indirect: See Explanation of Responses) - Exercise/Conversion
Class B Common Stock
2022-06-09+1,189,888→ 1,189,888 total(indirect: See Explanation of Responses)→ Class A Common Stock (1,189,888 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2022-06-09−1,189,888→ 0 total(indirect: See Explanation of Responses)Exercise: $0.03Exp: 2022-10-10→ Class B Common Stock (1,189,888 underlying) - Conversion
Class B Common Stock
2022-06-09−1,189,888→ 0 total(indirect: See Explanation of Responses)→ Class A Common Stock (1,189,888 underlying)
Footnotes (4)
- [F1]Represents the conversion of Class B Common Stock into Class A Common Stock held of record by TF Investment Holdings LLC.
- [F2]Represents shares held directly by TF Investment Holdings LLC. Gary Trainor is the sole manager of TF Investment Holdings LLC and has sole voting and dispositive power with respect to the shares held by TF Investment Holdings LLC.
- [F3]The shares subject to the option are fully vested and exercisable.
- [F4]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.