Michele Ciavarella - 09 Jan 2022 Form 4 Insider Report for Elys Game Technology, Corp.

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michele Ciavarella
Issuer symbol
N/A
Transactions as of
09 Jan 2022
Net transactions value
+$424,999
Form type
4
Filing time
11 Jan 2022, 15:00:22 UTC
Next filing
07 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELYS Common Stock Award $109,085 +41,795 +6.9% $2.61* 649,108 09 Jan 2022 Direct F1
transaction ELYS Common Stock Award $315,914 +121,040 +19% $2.61* 770,148 09 Jan 2022 Direct F1, F2
holding ELYS Common Stock 4,728,478 09 Jan 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.