Richard Christensen - 25 Mar 2025 Form 3 Insider Report for Golden Matrix Group, Inc. (GMGI)

Role
CFO
Signature
/s/ Richard Christensen
Issuer symbol
GMGI
Transactions as of
25 Mar 2025
Net transactions value
$0
Form type
3
Filing time
26 Mar 2025, 17:12:58 UTC
Previous filing
27 Feb 2024
Next filing
28 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GMGI Common Stock 0 25 Mar 2025 Direct

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
holding GMGI Restricted Stock Units 25 Mar 2025 Common Stock 75,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs vest, if at all, upon the Issuer meeting certain (1) revenue (2024 revenue x 1.1 (11,250 RSUs) and 2024 revenue x 1.2 (26,250 RSUs)) and (2) Adjusted EBITDA (AEBITDA) (2024 AEBITDA x 1.1 (11,250 RSUs) and 2024 AEBITDA x 1.2 (26,250 RSUs)) targets, as of the end of fiscal 2025, and upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Report 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 the vesting date.
F2 Each RSU represents the contingent right to receive, at settlement, one share of common stock.