Sec Form 13G Filing - Accel-KKR Holdings GP LLC filing for Paymentus Holdings, Inc. (PAY) - 2025-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent (i) 2,536,524 shares of Class A Common Stock ("Class A Shares"), (ii) 66,276,461 Class A Shares issuable upon conversion of an equal number of shares of Class B Common Stock ("Class B Shares"), and (iii) 1,235,860 Class A Shares underlying Class B Shares for which the Reporting Person holds a voting proxy ("Proxy Shares").The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent (i) 2,401,460 Class A Shares and (ii) 56,518,054 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent (i) 94,546 Class A Shares and (ii) 3,025,270 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 3,168 Class A Shares and 101,395 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 37,350 Class A Shares and 1,195,150 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 4,441,502 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 813,057 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 182,033 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent (i) 2,536,524 Class A Shares, (ii) 66,276,461 Class A Shares issuable upon conversion of an equal number of Class B Shares, and (iii) 1,235,860 Class A Shares underlying the Proxy Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent (i) 2,536,524 Class A Shares, (ii) 68,226,292 Class A Shares issuable upon conversion of an equal number of Class B Shares, and (iii) 1,235,860 Class A Shares underlying the Proxy Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G



Comment for Type of Reporting Person:  The reported securities represent 1,235,860 Class A Shares issuable upon conversion of an equal number of Class B Shares.The reported percentage is calculated based on (i) 24,522,383 Class A Shares outstanding as of November 8, 2024, as reported in the Issuer's 10-Q filed November 12, 2024 as increased by (ii) 71,411,984 Class A Shares issuable upon conversion of Class B Shares beneficially owned by the Reporting Persons (inclusive of the Proxy Shares).


SCHEDULE 13G


 
Accel-KKR Holdings GP, LLC
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Accel-KKR Capital Partners CV III, LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Accel-KKR Growth Capital Partners III, LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Accel-KKR Growth Capital Partners II Strategic Fund, LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Accel-KKR Growth Capital Partners II, LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Accel-KKR Members Fund, LLC
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
AKKR Strategic Capital LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
AKKR SC GPI HoldCo LP
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds/Authorized Signatory
Date:02/14/2025
 
Palumbo, Robert
 
Signature:/s/ Thomas C. Barnds, as Attorney-in-Fact
Name/Title:Robert Palumbo
Date:02/14/2025
 
Barnds, Thomas
 
Signature:/s/ Thomas C. Barnds
Name/Title:Thomas C. Barnds
Date:02/14/2025
 
KKR-AKI Investors L.L.C.
 
Signature:/s/ Leonardo Colello
Name/Title:Leonardo Colello/Manager
Date:02/14/2025

Comments accompanying signature:  24 Power of Attorney for Robert Palumbo, dated May 25, 2021 (incorporated herein by reference to Exhibit 24 to the filing by Robert Palumbo on Form 3 for Paymentus Holdings, Inc., filed with the Securities and Exchange Commission on May 25, 2021)99.1 Joint Filing Agreement, dated as of February 14, 2025 by and among Accel-KKR Holdings GP, LLC, Accel-KKR Capital Partners CV III, LP, Accel-KKR Growth Capital Partners III, LP, Accel-KKR Growth Capital Partners II Strategic Fund, LP, Accel-KKR Growth Capital Partners II, LP, Accel-KKR Members Fund, LLC, AKKR Strategic Capital LP, AKKR SC GPI HoldCo LP, Thomas C. Barnds, and Robert Palumbo.
primary_doc.xml