Sanjiv Das - 16 Apr 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
President
Signature
/s/ Sanjiv Das
Issuer symbol
PGY
Transactions as of
16 Apr 2024
Net transactions value
-$300,632
Form type
4
Filing time
21 Aug 2024, 20:37:47 UTC
Previous filing
03 Oct 2024
Next filing
16 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 +45,834 +202% $0.000000 68,561 16 Apr 2024 Direct
transaction PGY Class A Ordinary Share Sale $143,364 -14,452 -21% $9.92 54,109 16 Apr 2024 Direct F1
transaction PGY Class A Ordinary Share Options Exercise $0 +22,917 +42% $0.000000 77,026 16 Jul 2024 Direct
transaction PGY Class A Ordinary Share Sale $157,269 -10,794 -14% $14.57 66,232 16 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 -45,834 -25% $0.000000 137,499 16 Apr 2024 Class A Ordinary Share 45,834 $0.000000 Direct F2
transaction PGY Restricted Stock Unit Options Exercise $0 -22,917 -17% $0.000000 114,582 16 Jul 2024 Class A Ordinary Share 22,917 $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 183,333 restricted stock units initially subject to this award will vest on April 16, 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.