Pagaya Technologies Ltd. — Director's Dealing 2024

Apr 9, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Pagaya Technologies Ltd. (PGY)
CIK: 0001883085
Period of Report: 2024-04-08

Reporting Person: Pardo Avital (Director, Chief Technology Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Ordinary Share	406446	Direct
Class B Ordinary Share	2640628	Direct
Class B Ordinary Share	833333	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$0.44	2030-08-11	Class B Ordinary Share (582680)		Direct
Non-Qualified Stock Option (right to buy)	$18.96	2031-03-17	Class B Ordinary Share (8420273)		Direct

Footnotes

F1: Represents total shares prior to the acquisition of shares on April 4, 2024.

F2: 1/4th of the shares subject to the option became vested and exercisable on May 21, 2021, and 1/16th of the shares subject to the option shall become vested and exercisable every three months thereafter.

F3: 1/2nd of the shares subject to the option became vested and exercisable on June 22, 2022, 1/3rd of the shares subject to the option became vested and exercisable on August 21, 2022, and the remainder of the shares subject to the option shall become vested and exercisable with the attainment of meeting the remaining performance goal specified in the option agreement.