Tami Rosen - 01 Oct 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role: Chief Development Officer, Director
Signature: /s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol: PGY
Transactions as of: 01 Oct 2024
Net transactions value: -$289,476
Form type: 4
Filing time: 03 Oct 2024, 16:04:37 UTC
Previous filing: 26 Jun 2024
Next filing: 04 Nov 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	Award	$0	+56,916	+102%	$0.000000	112,667	01 Oct 2024	Direct
transaction	PGY	Class A Ordinary Share	Sale	$289,476	-29,240	-26%	$9.90	83,427	02 Oct 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	Award	$0	-56,916	-33%	$0.000000	113,849	01 Oct 2024	Class A Ordinary Share	56,916	$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	1/3rd of the total 170,765 RSUs initially subject to this award vested on October 1, 2024, 1/3rd will vest on January 1, 2025 and the remaining RSUs shall vest over the following two quarters in two equal installments.