Michele Ciavarella - Jan 9, 2022 Form 4 Insider Report for Elys Game Technology, Corp. (ELYS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michele Ciavarella
Stock symbol
ELYS
Transactions as of
Jan 9, 2022
Transactions value $
$424,999
Form type
4
Date filed
1/11/2022, 03:00 PM
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELYS Common Stock Award $109K +41.8K +6.88% $2.61* 649K Jan 9, 2022 Direct F1
transaction ELYS Common Stock Award $316K +121K +18.65% $2.61* 770K Jan 9, 2022 Direct F1, F2
holding ELYS Common Stock 4.73M Jan 9, 2022 Gold Street Capital Corp. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of restricted stock vest pro rata on a monthly basis over a 12-month period and were issued under the Company's 2018 Equity Incentive Plan in lieu of $109,086 of Mr. Ciavarella's salary.
F2 These shares of restricted stock vest pro rata on a monthly basis over a 12-month period and were issued under the Company's 2018 Equity Incentive Plan in lieu of $315,914 of Mr. Ciavarella's target bonus payable to him in respect of calendar year ending December 31, 2021, pursuant to his Employment Agreement, as amended.
F3 These shares of common stock are directly owned by Michele Ciavarella's wife, Gilda Ciavarella, through her company, Gold Street Capital Corp.