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Pagaya Technologies Ltd. — Director's Dealing 2024
Oct 18, 2024
31528_dirs_2024-10-17_45334998-3a19-45f3-bee4-eb67293db368.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pagaya Technologies Ltd. (PGY)
CIK: 0001883085
Period of Report: 2024-10-16
Reporting Person: DAS SANJIV (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-16 | Class A Ordinary Share | A | 22917 | — | Acquired | 75477 | Direct |
| 2024-10-17 | Class A Ordinary Share | S | 10683 | $11.77 | Disposed | 64794 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-16 | Stock Options (Right to Buy) | $15 | A | 700000 | Acquired | 2034-10-15 | Class A Ordinary Share (700000) | Direct |
| 2024-10-16 | Restricted Stock Unit | $0 | A | 22917 | Disposed | Class A Ordinary Share (22917) | Direct |
Footnotes
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 700,000 options will vest one year after the commencement date on October 16, 2025, and the remaining shall vest over the following 3 years in annual installments on the vesting anniversary.
F3: 1/4th of the total 183,333 RSUs initially subject to this award vested on April 16, 2024, and the remaining RSUs shall vest thereafter in 6 equal quarterly installments beginning on July 16, 2024.