Sanjiv Das - 01 Jan 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
President
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
01 Jan 2025
Net transactions value
-$63,240
Form type
4
Filing time
03 Jan 2025, 19:51:10 UTC
Previous filing
17 Oct 2024
Next filing
21 Jan 2025
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 +17,077 +26% $0.000000 81,871 01 Jan 2025 Direct
transaction PGY Class A Ordinary Share Sale $63,240 -6,343 -7.7% $9.97 75,528 02 Jan 2025 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 -17,077 -33% $0.000000 34,152 01 Jan 2025 Class A Ordinary Share 17,077 $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 quarterly vesting of a compensatory award.
F2 1/4th of the total 68,306 RSUs initially subject to this award vested on October 1, 2024, 1/4th vested on January 1, 2025 and the remaining RSUs shall vest over the following four quarters in four equal installments.