Sylvia Tiscareno - Jan 25, 2022 Form 4 Insider Report for GAN Ltd (GAN)

Role
Chief Legal Officer
Signature
/s/ Karen E. Flores, Attorney-in-Fact
Stock symbol
GAN
Transactions as of
Jan 25, 2022
Transactions value $
$0
Form type
4
Date filed
2/7/2022, 07:52 PM
Previous filing
Jan 4, 2022
Next filing
Jan 12, 2023

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 GAN Restricted Stock Units Award $0 +76.5K $0.00 76.5K Jan 25, 2022 Ordinary Shares 76.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one ordinary share of GAN Limited or the cash equivalent of such share.
F2 Subject to the reporting person's continued service, the RSUs will vest with respect to one-fourth of the shares on January 25, 2023, and will vest with respect to the remaining three-fourths of the shares in equal monthly installments over the subsequent 36 months.