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