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

Role
President
Signature
/s/ Sanjiv Das
Stock symbol
PGY
Transactions as of
Apr 16, 2024
Transactions value $
-$300,632
Form type
4
Date filed
8/21/2024, 08:37 PM
Previous filing
Apr 9, 2024
Next filing
May 16, 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 +45.8K +201.67% $0.00 68.6K Apr 16, 2024 Direct
transaction PGY Class A Ordinary Share Sale -$143K -14.5K -21.08% $9.92 54.1K Apr 16, 2024 Direct F1
transaction PGY Class A Ordinary Share Options Exercise $0 +22.9K +42.35% $0.00 77K Jul 16, 2024 Direct
transaction PGY Class A Ordinary Share Sale -$157K -10.8K -14.01% $14.57 66.2K Jul 16, 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 -45.8K -25% $0.00 137K Apr 16, 2024 Class A Ordinary Share 45.8K $0.00 Direct F2
transaction PGY Restricted Stock Unit Options Exercise $0 -22.9K -16.67% $0.00 115K Jul 16, 2024 Class A Ordinary Share 22.9K $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 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.