Tami Rosen - 31 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
31 Jan 2025
Net transactions value
-$53,629
Form type
4
Filing time
04 Feb 2025, 16:07:40 UTC
Previous filing
03 Jan 2025
Next filing
07 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 +15,625 +21% $0.000000 89,175 31 Jan 2025 Direct
transaction PGY Class A Ordinary Share Sale $53,629 -5,779 -6.5% $9.28 83,396 03 Feb 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 -15,625 -100% $0.000000 0 31 Jan 2025 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 the remaining vests quarterly, in four equal installments.