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(A) Up for grabs means something is available for anyone interested. It has not yet been taken or reserved.
(B) Make hay while the sun shines means to take advantage of opportunities while they last. The idiom comes from farming, where hay must be cut and dried in good weather before it rains.
(C) Go haywire means to become wildly confused, out of control, or to stop functioning properly.
(D) Get off lightly means to be punished less severely than expected.
Therefore, the correct match is:
(A) - (IV)
(B) - (III)
(C) - (II)
(D) - (I)
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