Matthew D. Reback - 30 Dec 2024 Form 4 Insider Report for Galaxy Gaming, Inc. (GLXZ)

Role
Chief Executive Officer and President
Signature
/s/ Matthew D. Reback
Issuer symbol
GLXZ
Transactions as of
30 Dec 2024
Net transactions value
$0
Form type
4
Filing time
31 Dec 2024, 16:30:04 UTC
Previous filing
21 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLXZ Common Stock Options Exercise +70,000 70,000 30 Dec 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLXZ Performance Rights Options Exercise $0 -70,000 -100% $0.000000 0 30 Dec 2024 Common Stock 70,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Right represented a contingent right to receive one share of issuer's Common Stock upon achievement of certain performance targets. The underlying shares of Common Stock are subject to a transfer restriction and risk of forfeiture upon the occurrence of certain events, which transfer restriction and risk of forfeiture lapse based on the continued performance of services by the reporting person over time or the satisfaction of performance objectives.
F2 On December 30, 2024, the vesting of the Performance Rights was accelerated on such date assuming achievement in full of the performance targets for 2024, and the underlying shares of the issuer's Common Stock were issued to the reporting person.

Remarks:

Chief Executive Officer and President