Eric J. Green - 10 Nov 2023 Form 4 Insider Report for GAN Ltd (GAN)

Role
Director
Signature
/s/ Jeffrey H. Kuras, Attorney-in-Fact
Issuer symbol
GAN
Transactions as of
10 Nov 2023
Net transactions value
-$27,088
Form type
4
Filing time
16 Nov 2023, 16:14:22 UTC
Previous filing
11 Sep 2023
Next filing
20 Nov 2023
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 +64,935 +649% 74,935 10 Nov 2023 Direct F1
transaction GAN Ordinary Shares Tax liability $27,088 -16,318 -22% $1.66 58,617 10 Nov 2023 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 Restricted Stock Units Options Exercise $0 -64,935 -100% $0.000000* 0 10 Nov 2023 Ordinary Shares 64,935 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction relates to the settlement of 64,935 RSUs into 64,935 GAN Limited ordinary shares on November 10, 2023.
F2 Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
F3 The RSUs were originally granted on November 10, 2022 and settled in full on November 10, 2023.