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

Signature
/s/ Karen Flores, Attorney-in-Fact
Issuer symbol
GAN
Transactions as of
27 Apr 2022
Net transactions value
$0
Form type
4
Filing time
09 Jun 2022, 16:47:45 UTC
Previous filing
21 Mar 2022
Next filing
30 Aug 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 -14,276 -100% 0 27 Apr 2022 Ordinary Shares 14,276 $0.0100 Direct F1
transaction GAN Employee Stock Option (right to buy) Award +16,318 16,318 27 Apr 2022 Ordinary Shares 16,318 $0.0100 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.