Sanjiv Das - Jan 1, 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
President
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Stock symbol
PGY
Transactions as of
Jan 1, 2025
Transactions value $
-$63,240
Form type
4
Date filed
1/3/2025, 07:51 PM
Previous filing
Oct 17, 2024
Next filing
Jan 21, 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 +17.1K +26.36% $0.00 81.9K Jan 1, 2025 Direct
transaction PGY Class A Ordinary Share Sale -$63.2K -6.34K -7.75% $9.97 75.5K Jan 2, 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 -17.1K -33.33% $0.00 34.2K Jan 1, 2025 Class A Ordinary Share 17.1K $0.00 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.