Scott Bower - 15 May 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Deputy Chief Financial Officer
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
15 May 2024
Net transactions value
-$37,544
Form type
4
Filing time
17 May 2024, 16:53:58 UTC
Previous filing
17 May 2024
Next filing
21 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGY Class A Ordinary Share Options Exercise $0 +8,538 +580% $0.000000 10,009 15 May 2024 Direct
transaction PGY Class A Ordinary Share Sale $37,544 -3,155 -32% $11.90 6,854 16 May 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PGY Restricted Stock Unit Options Exercise $0 -8,538 -25% $0.000000 25,615 15 May 2024 Class A Ordinary Share 8,538 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities sold to cover tax obligations.
F2 1/4th of the total 34,153 restricted stock units initially subject to this award vested on May 15, 2024, 1/4th of the total units initially subject to this award vest on January 1, 2025 and the remainder of the award vests in equal amounts every three months for the following 12 months thereafter.