David Goldberg - Mar 9, 2022 Form 4 Insider Report for GAN Ltd (GAN)

Role
Director
Signature
/s/ Karen Flores, Attorney-in-Fact
Stock symbol
GAN
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
4
Date filed
11/2/2022, 07:47 PM
Previous filing
Jan 3, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise +1.3K +5.21% 26.1K Mar 9, 2022 Direct F1
transaction GAN Ordinary Shares Options Exercise +7K +26.77% 33.1K Oct 31, 2022 Direct F1

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 Options Exercise $0 -1.3K -100% $0.00* 0 Mar 9, 2022 Ordinary Shares 1.3K Direct F1, F2
transaction GAN Restricted Stock Units Options Exercise $0 -7K -100% $0.00* 0 Oct 31, 2022 Ordinary Shares 7K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were issued as director compensation. The transaction relates to the settlement of 1,295 RSU's into 1,295 GAN Limited ordinary shares on March 9, 2022.
F2 The RSU's were originally granted on March 9, 2021 and settled on the basis of 25% each calendar quarter during continued service.
F3 The RSUs were issued as director compensation. The transaction relates the settlement of 7,000 RSU's into 7,000 GAN Limited ordinary shares on October 31, 2022.
F4 The RSU's were originally granted on October 25, 2021 and settled in full on October 31, 2022.