Scott Bower - 01 Jul 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
01 Jul 2024
Net transactions value
-$12,528
Form type
4
Filing time
21 Aug 2024, 20:35:56 UTC
Previous filing
17 May 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 +2,604 +38% $0.000000 9,458 01 Jul 2024 Direct
transaction PGY Class A Ordinary Share Sale $12,528 -978 -10% $12.81 8,480 01 Jul 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 -2,604 -33% $0.000000 5,208 01 Jul 2024 Class A Ordinary Share 2,604 $0.000000 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 20,833 restricted stock units initially subject to this award vested on April 1, 2023, 1/4th of the total units initially subject to this award vested on January 1, 2024 and the reminder of the award vests every three months for the 12 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.