Torraco Nicole 4
4 · Pagaya Technologies Ltd. · Filed Nov 18, 2024
Insider Transaction Report
Form 4
Torraco Nicole
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-11-14+4,743→ 0 totalExercise: $0.00→ Class A Ordinary Share (4,743 underlying) - Award
Class A Ordinary Share
2024-11-14+4,743→ 11,858 total - Sale
Class A Ordinary Share
2024-11-15$8.92/sh−2,371$21,161→ 9,487 total
Footnotes (3)
- [F1]Shares were sold in large part to cover taxes incurred upon the vesting of restricted stock units pursuant to a Rule 10b5-1 plan dated March 21, 2024.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $9.33 to $8.68 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]1/4th of the total 18,972 restricted stock units initially subject to this award vested on February 14, 2024, and the remaining total units initially subject to this award vests quarterly in 3 equal installments.