Paymentus Holdings, Inc. — Director's Dealing 2021

May 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paymentus Holdings, Inc. (PAY)
CIK: 0001841156
Period of Report: 2021-05-28

Reporting Person: Sharma Dushyant (Director, Chairman, President and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-28	Common Stock	J	17549795	—	Disposed	0	Indirect
2021-05-28	Common Stock	J	1152560	—	Disposed	0	Indirect
2021-05-28	Common Stock	J	157167	—	Disposed	0	Indirect
2021-05-28	Common Stock	J	157167	—	Disposed	0	Indirect
2021-05-28	Common Stock	J	157167	—	Disposed	0	Indirect
2021-05-28	Common Stock	J	157167	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-28	Stock Option (Right to Buy)	$8.66	J	3304870	Disposed	2029-04-08	Common Stock (3304870)	Indirect
2021-05-28	Stock Option (Right to Buy)	$8.66	J	3304870	Acquired	2029-04-08	Class B Common Stock (3304870)	Indirect
2021-05-28	Class B Common Stock	$	J	17549795	Acquired		Class A Common Stock (17549795)	Indirect
2021-05-28	Class B Common Stock	$	J	1152560	Acquired		Class A Common Stock (1152560)	Indirect
2021-05-28	Class B Common Stock	$	J	157167	Acquired		Class A Common Stock (157167)	Indirect
2021-05-28	Class B Common Stock	$	J	157167	Acquired		Class A Common Stock (157167)	Indirect
2021-05-28	Class B Common Stock	$	J	157167	Acquired		Class A Common Stock (157167)	Indirect
2021-05-28	Class B Common Stock	$	J	157167	Acquired		Class A Common Stock (157167)	Indirect

Footnotes

F1: 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.

F2: Represents securities held directly by Ashigrace LLC. Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dispositive power with respect to the securities held by Ashigrace LLC.

F3: Represents shares held directly by The Ruma Sharma Family Trust dated December 3, 2018. Mr. Sharma serves as the trustee for The Ruma Sharma Family Trust dated December 3, 2018.

F4: Represents shares held directly by The Sharma Family Trust A dated March 30, 2021 ("The Sharma Family Trust A"). Mr. Sharma's spouse serves as the trustee for The Sharma Family Trust A. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust A.

F5: Represents shares held directly by The Sharma Family Trust B dated March 30, 2021 ("The Sharma Family Trust B"). Mr. Sharma's spouse serves as the trustee for The Sharma Family Trust B. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust B.

F6: Represents shares held directly by The Sharma Family Trust C dated March 30, 2021 ("The Sharma Family Trust C"). Mr. Sharma's spouse serves as the trustee for The Sharma Family Trust C. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust C.

F7: Represents shares held directly by The Sharma Family Trust D dated March 30, 2021 ("The Sharma Family Trust D"). Mr. Sharma's spouse serves as the trustee for The Sharma Family Trust D. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust D.

F8: One fifth (1/5th) of the shares subject to the award shall vest one year after January 25, 2019, 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.