Paymentus Holdings, Inc. — Director's Dealing 2021

May 25, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Paymentus Holdings, Inc. (PAY)
CIK: 0001841156
Period of Report: 2021-05-25

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17549795	Indirect
Common Stock	1152560	Indirect
Common Stock	157167	Indirect
Common Stock	157167	Indirect
Common Stock	157167	Indirect
Common Stock	157167	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$8.66	2029-04-08	Common Stock (3304870)		Indirect

Footnotes

F1: Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class B 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.

F2: Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dispositive power over the shares held by Ashigrace LLC, which directly holds 17,549,795 shares of Common Stock.

F3: Mr. Sharma serves as the trustee for the The Ruma Sharma Family Trust dated December 3, 2018, which directly holds 1,152,560 shares of Common Stock.

F4: Mr. Sharma's spouse serves as the trustee for the The Sharma Family Trust A dated March 30, 2021, which directly holds 157,167 shares of Common Stock. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust A dated March 30, 2021.

F5: Mr. Sharma's spouse serves as the trustee for the The Sharma Family Trust B dated March 30, 2021, which directly holds 157,167 shares of Common Stock. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust B dated March 30, 2021.

F6: Mr. Sharma's spouse serves as the trustee for the The Sharma Family Trust C dated March 30, 2021, which directly holds 157,167 shares of Common Stock. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust C dated March 30, 2021.

F7: Mr. Sharma's spouse serves as the trustee for the The Sharma Family Trust D dated March 30, 2021, which directly holds 157,167 shares of Common Stock. Mr. Sharma disclaims beneficial ownership of the shares held by The Sharma Family Trust D dated March 30, 2021.

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.

F9: Mr. Sharma is the sole manager of Ashigrace LLC and has sole voting and dispositive power over the shares held by Ashigrace LLC, which directly holds options to purchase 3,304,870 shares of Common Stock.