Giuseppe Gardali - Mar 23, 2023 Form 4 Insider Report for GAN Ltd (GAN)

Signature
/s/ Jeffrey H. Kuras, Attorney-in-Fact
Stock symbol
GAN
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
4/10/2023, 08:52 PM
Previous filing
Apr 10, 2023
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 Restricted Stock Units Award $0 +78.6K $0.00 78.6K Mar 23, 2023 Ordinary Shares 78.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one ordinary share of GAN Limited or the cash equivalent of such share.
F2 The RSUs will vest as to 25% annually on each of the anniversary dates of the award, and will be 100% vested on March 23, 2027.