Glenn Anders Karlsen - Mar 11, 2022 Form 4 Insider Report for GAN Ltd (GAN)

Role
CEO, Coolbet
Signature
/s/ Karen Flores, Attorney-in-Fact
Stock symbol
GAN
Transactions as of
Mar 11, 2022
Transactions value $
$0
Form type
4
Date filed
3/21/2022, 05:48 PM
Previous filing
Nov 30, 2021
Next filing
Jun 9, 2022

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 Employee Stock Option (right to buy) Award $0 +69.4K $0.00 69.4K Mar 11, 2022 Ordinary Shares 69.4K $0.01 Direct
transaction GAN Employee Stock Option (right to buy) Award $0 +69K $0.00 69K Mar 11, 2022 Ordinary Shares 69K $0.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the option will vest on March 11, 2023, and 1/48th of the shares will vest each month thereafter for the next 36 months, subject to continuing service.