Dan Petrozzo - 22 Dec 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role: Director
Signature: /s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol: PGY
Transactions as of: 22 Dec 2024
Transactions value $: $0
Form type: 4
Filing time: 02 Jan 2025, 19:55:28 UTC
Previous filing: 17 Sep 2024
Next filing: 18 Jul 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	+25,000	+31.34%	$0	104,762	22 Dec 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	At the time of this filing, it consists of 18,750 restricted stock units ("RSUs") and 6,250 Class A Ordinary Shares. Each RSU represents a contingent right to receive one share of the Company's Class A Ordinary Share. The grant vested 25% on January 1, and the remainder vests pro rata in 3 equal quarterly installments on each of April 1, July 1 and October 1 of 2025. The transactions reported herein are being reported late due to an inadvertent administrative delay and not any error of the Reporting Person.

Content

At the time of this filing, it consists of 18,750 restricted stock units ("RSUs") and 6,250 Class A Ordinary Shares. Each RSU represents a contingent right to receive one share of the Company's Class A Ordinary Share. The grant vested 25% on January 1, and the remainder vests pro rata in 3 equal quarterly installments on each of April 1, July 1 and October 1 of 2025. The transactions reported herein are being reported late due to an inadvertent administrative delay and not any error of the Reporting Person.

Remarks:

Annual equity grant for non-employee directors as approved by shareholders and described under the heading "Non-Employee Director Compensation" in our 10-K filed on 4/25/2024.