Evangelos Perros - 08 Apr 2024 Form 3 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Financial Officer
Signature
/s/ Evangelos Perros
Issuer symbol
PGY
Transactions as of
08 Apr 2024
Transactions value $
$0
Form type
3
Filing time
26 Apr 2024, 16:07:37 UTC
Next filing
26 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PGY Class A Ordinary Share 11,293 08 Apr 2024 Direct

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
holding PGY Incentive Stock Option (right to buy) 08 Apr 2024 Class A Ordinary Share 3,894 $51.36 Direct
holding PGY Incentive Stock Option (right to buy) 08 Apr 2024 Class A Ordinary Share 1,947 $51.36 Direct
holding PGY Non-Qualified Stock Option (right to buy) 08 Apr 2024 Class A Ordinary Share 14,311 $12.24 Direct F1
holding PGY Non-Qualified Stock Option (right to buy) 08 Apr 2024 Class A Ordinary Share 556 $51.36 Direct
holding PGY Non-Qualified Stock Option (right to buy) 08 Apr 2024 Class A Ordinary Share 5,448 $51.36 Direct
holding PGY Restricted Stock Unit 08 Apr 2024 Class A Ordinary Share 12,499 $0 Direct F2
holding PGY Restricted Stock Unit 08 Apr 2024 Class A Ordinary Share 273,224 $0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Became fully vested and exercisable on November 30, 2023.
F2 1/4th of the total 33,333 restricted stock units initially subject to this award vested on April 1, 2023, and 1/4th of the total units initially subject to this award vest every three months thereafter.
F3 1/6th of the total 273,224 restricted stock units subject to this award shall vest each on August 1, 2024 and January 1, 2025, and the remaining 2/3rd of the grant shall vest over the following 24 months in equal quarterly installments on April 1, 2025, July 1, 2025, October 1, 2025, January 1, 2026, April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027.