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Pagaya Technologies Ltd. — Director's Dealing 2024
Apr 9, 2024
31528_dirs_2024-04-09_417bb826-9dc3-4386-b9f5-fa411571aee6.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Pagaya Technologies Ltd. (PGY)
CIK: 0001883085
Period of Report: 2024-04-08
Reporting Person: Rosen Tami (Chief People Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Ordinary Share | 18818 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) | $51.36 | 2031-12-29 | Class A Ordinary Share (2920) | Direct | |
| Incentive Stock Option (right to buy) | $10.68 | 2031-03-17 | Class A Ordinary Share (237463) | Direct | |
| Incentive Stock Option (right to buy) | $10.68 | 2031-06-27 | Class A Ordinary Share (28028) | Direct | |
| Incentive Stock Option (right to buy) | $51.36 | 2031-12-29 | Class A Ordinary Share (389) | Direct | |
| Non-Qualified Stock Option (right to buy) | $51.36 | 2031-12-29 | Class A Ordinary Share (21994) | Direct | |
| Non-Qualified Stock Option (right to buy) | $12.24 | 2033-02-24 | Class A Ordinary Share (7460) | Direct | |
| Non-Qualified Stock Option (right to buy) | $51.36 | 2031-12-29 | Class A Ordinary Share (7590) | Direct | |
| Non-Qualified Stock Option (right to buy) | $12.24 | 2033-02-24 | Class A Ordinary Share (8174) | Direct | |
| Restricted Stock Unit | $0 | Class A Ordinary Share (62500) | Direct |
Footnotes
F1: Represents total shares prior to the acquisition of shares on April 5, 2024.
F2: 2/5th, 1/5th and 2/5th of the shares subject to the option shall become vested and exercisable on March 31, 2025, June 30, 2025 and March 31, 2026, respectively.
F3: Became fully vested and exercisable on February 29, 2024.
F4: Subject to both time-based vesting and performance-based vesting conditions.
Time-based vesting condition: 1/4th of the shares subject to the option became vested on March 31, 2023, and 1/4th of the shares subject to the option shall become vested every twelve months thereafter.
Performance-based vesting condition: 1/2nd of the shares subject to the option became vested on June 22, 2022, 1/3rd of the shares subject to the option became vested on August 21, 2022, and the remainder of the shares subject to the option shall become vested with the attainment of meeting the remaining performance goal specified in the option agreement.
F5: 1/7th of the shares subject to the option became vested and exercisable on March 31, 2024, 1/7th of the shares subject to the option shall become vested and exercisable every three months thereafter.
F6: Became fully vested and exercisable on December 31, 2023.
F7: 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 1/8th of the total units initially subject to this award vest every three months thereafter.