Todd P. Cravens - 23 Dec 2021 Form 4 Insider Report for Galaxy Gaming, Inc. (GLXZ)

Role: CEO
Signature: /s/ Todd P. Cravens
Issuer symbol: GLXZ
Transactions as of: 23 Dec 2021
Net transactions value: -$313,000
Form type: 4
Filing time: 29 Dec 2021, 10:57:06 UTC
Next filing: 09 Feb 2022
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	$60,000	+100,000	+98%	$0.6000^*	202,000	23 Dec 2021	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	Option	Options Exercise	$373,000	-100,000	-8.5%	$3.73	1,075,000	23 Dec 2021	Common Stock	100,000	$0.6000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options were issued in connection with the Reporting Person's service as CEO of the Issuer. All options were exercisable on the date of grant and expire five years from the date of grant. This transaction represents an exercise of the referenced options.