Ryan Jamieson - Nov 10, 2023 Form 3 Insider Report for Snail, Inc. (SNAL)

Role: Director
Signature: /s/ Ryan Jamieson
Stock symbol: SNAL
Transactions as of: Nov 10, 2023
Transactions value $: $0
Form type: 3
Date filed: 3/13/2024, 05:00 PM

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
holding	SNAL	Restricted Stock Units							Nov 10, 2023	Class A Common Stock	$60K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Under the Independent Director Agreement the Issuer entered into with Mr. Jamieson (the "Director Agreement"), Mr. Jamieson was issued RSUs with a Fair Market Value on the grant date equal to sixty thousand dollars ($60,000) under the under the Issuer's 2022 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs have no expiration date.
F2	The RSUs shall vest in four (4) equal quarterly installments commencing in the quarter following the date of Mr. Jamieson's appointment.

Content

Under the Independent Director Agreement the Issuer entered into with Mr. Jamieson (the "Director Agreement"), Mr. Jamieson was issued RSUs with a Fair Market Value on the grant date equal to sixty thousand dollars ($60,000) under the under the Issuer's 2022 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs have no expiration date.

The RSUs shall vest in four (4) equal quarterly installments commencing in the quarter following the date of Mr. Jamieson's appointment.