0001883085-24-000040.txt : 20240409
0001883085-24-000040.hdr.sgml : 20240409
20240409090405
ACCESSION NUMBER: 0001883085-24-000040
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240408
FILED AS OF DATE: 20240409
DATE AS OF CHANGE: 20240409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zeevi Avi
CENTRAL INDEX KEY: 0001868879
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41430
FILM NUMBER: 24831295
MAIL ADDRESS:
STREET 1: C/O FTAC OLYMPUS ACQUISITION CORP.
STREET 2: 2929 ARCH STREET, SUITE 1703
CITY: PHILADELPHIA
STATE: PA
ZIP: 19104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Pagaya Technologies Ltd.
CENTRAL INDEX KEY: 0001883085
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 000000000
STATE OF INCORPORATION: L3
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: AZRIELI SARONA BLDG, 54TH FLOOR
STREET 2: DERECH MENACHEM BEGIN 121
CITY: TEL-AVIV
STATE: L3
ZIP: 000000
BUSINESS PHONE: (646) 710-7714
MAIL ADDRESS:
STREET 1: AZRIELI SARONA BLDG, 54TH FLOOR
STREET 2: DERECH MENACHEM BEGIN 121
CITY: TEL-AVIV
STATE: L3
ZIP: 000000
3
1
wk-form3_1712667834.xml
FORM 3
X0206
3
2024-04-08
0
0001883085
Pagaya Technologies Ltd.
PGY
0001868879
Zeevi Avi
C/O FTAC OLYMPUS ACQUISITION CORP.
2929 ARCH STREET, SUITE 1703
PHILADELPHIA
PA
19104
1
0
0
0
Class A Ordinary Share
5656
D
Non-Qualified Stock Option (right to buy)
18.96
2031-12-29
Class A Ordinary Share
141372
D
Non-Qualified Stock Option (right to buy)
18.96
2032-01-25
Class A Ordinary Share
42041
D
Restricted Stock Unit
0
Class A Ordinary Share
5656
D
Represents total shares prior to the acquisition of shares on April 4, 2024.
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.
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 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.
1/4th of the total 11,312 restricted stock units initially subject to this award vested on December 13, 2023, and 1/4th of the total units initially subject to this award vest every three months thereafter.
/s/ Avi Zeevi
2024-04-09