Brian P. Chang - 22 Jul 2024 Form 4 Insider Report for GAN Ltd (GAN)

Role
CFO
Signature
/s/ Jeffrey H. Kuras, Attorney-in-Fact
Issuer symbol
GAN
Transactions as of
22 Jul 2024
Net transactions value
$0
Form type
4
Filing time
24 Jul 2024, 20:11:22 UTC
Previous filing
26 Mar 2024
Next filing
30 Jul 2024
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 +18,926 +53% 54,496 22 Jul 2024 Direct F1

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 +75,704 $0.000000 75,704 22 Jul 2024 Ordinary Shares 75,704 Direct F2, F3
transaction GAN Restricted Stock Units Options Exercise $0 -18,926 -25% $0.000000 56,778 22 Jul 2024 Ordinary Shares 18,926 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 July 22, 2024.
F2 Each RSU represents a contingent right to receive one ordinary share of GAN Limited or the cash equivalent of such share.
F3 Represents restricted stock units granted on July 22, 2024. 25% of the RSUs will vest immediately upon granting and the remaining RSUs will vest as to 25% on each of March 23, 2025, 2026, and 2027.