Sylvia Tiscareno - 31 Dec 2022 Form 4 Insider Report for GAN Ltd (GAN)

Signature
/s/ Sylvia Tiscareno
Issuer symbol
GAN
Transactions as of
31 Dec 2022
Net transactions value
-$6,915
Form type
4
Filing time
12 Jan 2023, 17:56:06 UTC
Previous filing
07 Feb 2022
Next filing
27 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise +20,000 20,000 31 Dec 2022 Direct F1
transaction GAN Ordinary Shares Tax liability $6,915 -4,870 -24% $1.42 15,130 31 Dec 2022 Direct

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 -20,000 -100% $0.000000* 0 31 Dec 2022 Ordinary Shares 20,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were issued in connection with the Reporting Person's appointment as Chief Legal Officer. The transaction relates to the settlement of 20,000 RSU's into 20,000 GAN Limited ordinary shares on December 31, 2022.
F2 The RSU's were originally granted on December 21, 2021 and settled in full on December 31, 2022.