Dermot S. Smurfit - 29 Aug 2022 Form 4 Insider Report for GAN Ltd (GAN)

Role
President, CEO, Director
Signature
/s/ Karen Flores, Attorney-in-Fact
Issuer symbol
GAN
Transactions as of
29 Aug 2022
Net transactions value
-$368,990
Form type
4
Filing time
31 Aug 2022, 16:13:25 UTC
Previous filing
21 Mar 2022
Next filing
01 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise $130,570 +100,000 +5.9% $1.31 1,799,532 29 Aug 2022 Direct
transaction GAN Ordinary Shares Sale $289,710 -100,000 -5.6% $2.90 1,699,532 29 Aug 2022 Direct F1
transaction GAN Ordinary Shares Options Exercise $195,855 +150,000 +8.8% $1.31 1,849,532 30 Aug 2022 Direct
transaction GAN Ordinary Shares Sale $405,705 -150,000 -8.1% $2.70 1,699,532 30 Aug 2022 Direct F2

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 Option to Purchase Common Stock Options Exercise $0 -100,000 -25% $0.000000 304,811 29 Aug 2022 Ordinary Shares 100,000 $1.31 Direct F3
transaction GAN Option to Purchase Common Stock Options Exercise $0 -150,000 -49% $0.000000 154,811 30 Aug 2022 Ordinary Shares 150,000 $1.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $2.84 to $3.03. Upon request by the SEC staff, the issuer or any securityholder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F2 The price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $2.64 to $2.86. Upon request by the SEC staff, the issuer or any securityholder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F3 Immediately exercisable.