Snezana Bozovic - 09 Nov 2024 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Role: Director, Member of 10% Reporting Group
Signature: /s/ Snezana Bozovic
Issuer symbol: GMGI
Transactions as of: 09 Nov 2024
Net transactions value: $0
Form type: 4
Filing time: 24 Apr 2025, 17:35:47 UTC
Previous filing: 15 Oct 2024
Next filing: 14 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GMGI	Common Stock	Options Exercise		+9,375	+0.22%		4,337,338	09 Nov 2024	Direct	F1, F2, F3

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 Units	Options Exercise	$0	-9,375	-12%	$0.000000	65,625	09 Nov 2024	Common Stock	9,375		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Represents the vesting of 9,375 time-based restricted stock units (RSUs). Due to an administrative error, the Reporting Person failed to timely file this Form 4, and as a result of such failure, the number of shares beneficially owned by the reporting person in all subsequent Form 4s filed by the reporting person from November 9, 2024, through the filing date of this Form 4, should have included the additional 9,375 shares of common stock in the cumulative beneficial ownership.
F2	Each RSU represents the contingent right to receive, at settlement, one share of common stock.
F3	Excludes shares of common stock relating to the voting group described below under "Remarks".
F4	The RSUs vest, if at all, at the rate of 1/8th of such RSUs every six months from the grant date (May 9, 2024), 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.

Remarks:

By virtue of being party to an Amended and Restated Nominating and Voting Agreement, dated as of January 29, 2025 (the "Voting Agreement"), the Reporting Person, may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the securities reported herein, with the other parties who are bound by the Voting Agreement and their control persons, which such "group" beneficially owns, in the aggregate, more than 10% of the outstanding shares of common stock of the Issuer. The parties to the Voting Agreement are the Issuer, Anthony Brian Goodman, the Issuer's Chief Executive Officer and director, Luxor Capital LLC, which is owned and controlled by Mr. Goodman, Aleksandar Milovanovic, Zoran Milosevic and Snezana Bozovic. The Reporting Person disclaims beneficial ownership of any securities owned by any of the other signatories to the Voting Agreement (and/or their control persons) and the filing of this Form 4 shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Person and any other person or persons constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act or Rule 13d-5 thereunder. In addition, the Reporting Person does not have any pecuniary interest in any of the securities beneficially owned by any of the other signatories to the Voting Agreement (and/or their control persons). For a description of the Voting Agreement, see the Current Report on Form 8-K filed by the Issuer with the United States Securities and Exchange Commission on January 30, 2025.