Tami Rosen - 30 Apr 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
30 Apr 2024
Net transactions value
-$172,256
Form type
4
Filing time
21 Aug 2024, 20:35:31 UTC
Previous filing
03 Oct 2024
Next filing
26 Jun 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 +15,625 +41% $0.000000 53,806 30 Apr 2024 Direct
transaction PGY Class A Ordinary Share Sale $54,288 -5,655 -11% $9.60 48,151 30 Apr 2024 Direct F1
transaction PGY Class A Ordinary Share Options Exercise $0 +15,625 +32% $0.000000 63,776 31 Jul 2024 Direct
transaction PGY Class A Ordinary Share Sale $117,968 -8,025 -13% $14.70 55,751 31 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 -15,625 -25% $0.000000 46,875 30 Apr 2024 Class A Ordinary Share 15,625 $0.000000 Direct F2
transaction PGY Restricted Stock Unit Options Exercise $0 -15,625 -33% $0.000000 31,250 31 Jul 2024 Class A Ordinary Share 15,625 $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 125,000 restricted stock units initially subject to this award vested on each of October 31, 2023 and January 31, 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.