Seamus Mcgill - Oct 5, 2024 Form 4 Insider Report for GAN Ltd (GAN)

Role: Chief Executive Officer, Director
Signature: /s/ Seamus McGill
Stock symbol: GAN
Transactions as of: Oct 5, 2024
Transactions value $: -$47,345
Form type: 4
Date filed: 11/6/2024, 04:21 PM
Previous filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAN	Ordinary Shares	Options Exercise		+68.8K	+67.03%		171K	Oct 5, 2024	Direct	F1
transaction	GAN	Ordinary Shares	Tax liability	-$47.3K	-27.1K	-15.79%	$1.75	144K	Oct 5, 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	-68.8K	-25%	$0.00	206K	Oct 5, 2024	Ordinary Shares	68.8K		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 68,750 RSU's into 68,750 GAN Limited ordinary shares on October 5, 2024.
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 October 5, 2023 and vest as to 25% annually on each of the anniversary dates of the award, and will be 100% vested on October 5, 2027.