Jan Roos - Apr 27, 2022 Form 4 Insider Report for GAN Ltd (GAN)

Signature
/s/ Karen Flores, Attorney-in-Fact
Stock symbol
GAN
Transactions as of
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 04:47 PM
Previous filing
Mar 21, 2022
Next filing
Aug 30, 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 Employee Stock Option (right to buy) Disposed to Issuer -14.3K -100% 0 Apr 27, 2022 Ordinary Shares 14.3K $0.01 Direct F1
transaction GAN Employee Stock Option (right to buy) Award +16.3K 16.3K Apr 27, 2022 Ordinary Shares 16.3K $0.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 11, 2022, and was fully vested upon grant.