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

Role
CEO, Coolbet
Signature
/s/ Karen Flores, Attorney-in-Fact
Issuer symbol
GAN
Transactions as of
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
21 Mar 2022, 17:48:55 UTC
Previous filing
30 Nov 2021
Next filing
09 Jun 2022
SEC
View on sec.gov

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 +69,388 $0.000000 69,388 11 Mar 2022 Ordinary Shares 69,388 $0.0100 Direct
transaction GAN Employee Stock Option (right to buy) Award $0 +68,983 $0.000000 68,983 11 Mar 2022 Ordinary Shares 68,983 $0.0100 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.