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

Role: Chief Development Officer, Director
Signature: /s/ Natalie Wilmore, Attorney-in-Fact
Stock symbol: PGY
Transactions as of: Jan 1, 2025
Transactions value $: -$214,824
Form type: 4
Date filed: 1/3/2025, 07:53 PM
Previous filing: Nov 12, 2024
Next filing: Feb 4, 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	+56.9K	+149.07%	$0.00	95.1K	Jan 1, 2025	Direct
transaction	PGY	Class A Ordinary Share	Sale	-$215K	-21.5K	-22.66%	$9.97	73.6K	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	-56.9K	-49.99%	$0.00	56.9K	Jan 1, 2025	Class A Ordinary Share	56.9K	$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	1/3rd of the total 170,765 RSUs initially subject to this award vested on October 1, 2024, 1/3rd vested on January 1, 2025 and the remaining RSUs shall vest over the following two quarters in two equal installments.