Tami Rosen - 01 Jan 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Development Officer, Director
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
01 Jan 2025
Transactions value $
$-214,824
Form type
4
Filing time
03 Jan 2025, 19:53:35 UTC
Previous filing
12 Nov 2024
Next filing
04 Feb 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 +56,916 +149% $0.000000 95,097 01 Jan 2025 Direct
transaction PGY Class A Ordinary Share Sale $-214,824 -21,547 -22.7% $9.97 73,550 02 Jan 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 -56,916 -50% $0.000000 56,933 01 Jan 2025 Class A Ordinary Share 56,916 $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 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.