Tami Rosen - Apr 30, 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Development Officer, Director
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Stock symbol
PGY
Transactions as of
Apr 30, 2024
Transactions value $
-$172,256
Form type
4
Date filed
8/21/2024, 08:35 PM
Previous filing
Apr 9, 2024
Next filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGY Class A Ordinary Share Options Exercise $0 +15.6K +40.92% $0.00 53.8K Apr 30, 2024 Direct
transaction PGY Class A Ordinary Share Sale -$54.3K -5.66K -10.51% $9.60 48.2K Apr 30, 2024 Direct F1
transaction PGY Class A Ordinary Share Options Exercise $0 +15.6K +32.45% $0.00 63.8K Jul 31, 2024 Direct
transaction PGY Class A Ordinary Share Sale -$118K -8.03K -12.58% $14.70 55.8K Jul 31, 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 -15.6K -25% $0.00 46.9K Apr 30, 2024 Class A Ordinary Share 15.6K $0.00 Direct F2
transaction PGY Restricted Stock Unit Options Exercise $0 -15.6K -33.33% $0.00 31.3K Jul 31, 2024 Class A Ordinary Share 15.6K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of securities was necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award.
F2 1/4th of the total 125,000 restricted stock units initially subject to this award vested on each of October 31, 2023 and January 31, 2024, and 1/8th of the total units initially subject to this award vest every three months thereafter.

Remarks:

The transactions reported herein are being reported late due to an inadvertent administrative error and not any error of the Reporting Person.