Karen E. Flores - 11 Mar 2022 Form 4 Insider Report for GAN Ltd (GAN)

Signature
/s/ Karen E. Flores
Issuer symbol
GAN
Transactions as of
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
21 Mar 2022, 17:58:08 UTC
Previous filing
03 Jan 2022
Next filing
24 Aug 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 Restricted Stock Units Award $0 +127,119 $0.000000 127,119 11 Mar 2022 Ordinary Shares 127,119 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 The RSUs will vest as to 25% annually on each of the anniversary dates of the award, and will be 100% vested on March 11, 2026.