Sylvia Tiscareno - Apr 1, 2024 Form 4 Insider Report for GAN Ltd (GAN)

Role
Chief Legal Officer
Signature
/s/ Sylvia Tiscareno
Stock symbol
GAN
Transactions as of
Apr 1, 2024
Transactions value $
-$1,158
Form type
4
Date filed
4/2/2024, 05:29 PM
Previous filing
Mar 26, 2024
Next filing
Jul 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise +3.89K +3.62% 111K Apr 1, 2024 Direct F1
transaction GAN Ordinary Shares Tax liability -$1.16K -912 -0.82% $1.27 110K Apr 1, 2024 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 -3.89K -33.33% $0.00 7.78K Apr 1, 2024 Ordinary Shares 3.89K 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 RSUs into GAN Limited ordinary shares on April 1, 2024.
F2 Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
F3 The RSUs were issued as a replacement grant on April 30, 2023. 3,890 RSUs settled immediately on the date of grant, and 3,890 RSUs settled on April 1, 2024. The remaining RSUs will vest as to 25% on each of April 1, 2025 and 2026, and will be 100% vested on April 1, 2026.