Seamus M. Mcgill - 05 Oct 2023 Form 4 Insider Report for GAN Ltd (GAN)

Signature
/s/ Seamus M. McGill
Issuer symbol
GAN
Transactions as of
05 Oct 2023
Net transactions value
$0
Form type
4
Filing time
06 Oct 2023, 16:11:02 UTC
Previous filing
25 May 2023
Next filing
03 Jan 2024

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 +275,000 $0.000000 275,000 05 Oct 2023 Ordinary Shares 275,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("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 October 5, 2027.