Anthony Brian Goodman - Sep 16, 2022 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Anthony Brian Goodman
Stock symbol: GMGI
Transactions as of: Sep 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/20/2022, 09:21 AM
Previous filing: Oct 5, 2021
Next filing: Dec 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GMGI	Common Stock						3.03M	Sep 16, 2022	Direct
holding	GMGI	Common Stock						7.47M	Sep 16, 2022	Through Luxor Capital LLC	F1
holding	GMGI	Series B Voting Preferred Stock						1K	Sep 16, 2022	Direct	F2

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	GMGI	Restricted Stock Unit	Award	$0	+750K		$0.00	750K	Sep 16, 2022	Common Stock	750K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Luxor Capital LLC is wholly-owned by Mr. Goodman as such he is deemed to beneficially own the securities held by such entity.
F2	The Series B Voting Preferred Stock provides for (1) the right of the holder of the Series B Voting Preferred Stock to convert each share of the Series B Voting Preferred Stock into 1,000 shares of the Company's common stock at the holder's option from time to time after May 20, 2022; and (2) the automatic conversion of all outstanding shares of Series B Voting Preferred Stock into common stock of the Registrant, on a 1,000 for 1 basis, on the date that the aggregate beneficial ownership of the Registrant's common stock of Mr. Anthony Brian Goodman, falls below 10% of the Registrant's common stock then outstanding, or the first business day thereafter that the Registrant becomes aware of such. Such Series B Voting Preferred Stock also votes 7,500 voting shares each.
F3	Each restricted stock unit (RSU) represents the contingent right to receive, at settlement, one share of common stock.
F4	The RSUs vest, if all, at the rate of 1/6th of such RSUs, upon the Issuer meeting certain (1) revenue and (2) EBITDA targets, as of the end of fiscal 2022, 2023 and 2024, and upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Reports on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Issued under the Issuer's 2022 Equity Incentive Plan.