Endre Nesset - Mar 23, 2023 Form 4 Insider Report for GAN Ltd (GAN)

Role
President, B2C
Signature
/s/ Jeffrey H. Kuras, by Power of Attorney
Stock symbol
GAN
Transactions as of
Mar 23, 2023
Transactions value $
$935
Form type
4
Date filed
12/3/2024, 04:23 PM
Previous filing
Dec 3, 2024
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise $935 +93.5K +3741.4% $0.01 96K Nov 29, 2024 Direct
holding GAN Ordinary Shares 81.8K Mar 23, 2023 By Eiketreet OU

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 Employee Stock Option (right to buy) Award $0 +2K $0.00 2K Mar 23, 2023 Ordinary Shares 2K $0.01 Direct F1
transaction GAN Employee Stock Option (right to buy) Award $0 +8K $0.00 8K Mar 23, 2023 Ordinary Shares 8K $0.01 Direct F2
transaction GAN Employee Stock Option (right to buy) Options Exercise $0 -18.4K -66.66% $0.00 9.19K Nov 29, 2024 Ordinary Shares 18.4K $0.01 Direct F3
transaction GAN Employee Stock Option (right to buy) Options Exercise $0 -31.9K -100% $0.00 0 Nov 29, 2024 Ordinary Shares 31.9K $0.01 Direct F4
transaction GAN Employee Stock Option (right to buy) Options Exercise $0 -43.3K -47.92% $0.00 47.1K Nov 29, 2024 Ordinary Shares 43.3K $0.01 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was granted on March 23, 2023 and is fully vested.
F2 The option was granted to the Reporting Person on March 23, 2023, and vested with respect to one-fourth of the shares on March 23, 2024; the remaining three-fourths of the shares will vest in equal monthly installments over the subsequent 36 months, subject to the reporting person's continued service.
F3 The option was granted to the Reporting Person on March 11, 2022, and vested with respect to one-fourth of the shares on March 11, 2023; the remaining three-fourths of the shares will vest in equal monthly installments over the subsequent 36 months, subject to the reporting person's continued service.
F4 The option was granted on March 11, 2022 and is fully vested.
F5 The option was granted to the Reporting Person on November 12, 2022, and vested with respect to one-fourth of the shares on November 12, 2023; the remaining three-fourths of the shares will vest in equal monthly installments over the subsequent 36 months, subject to the reporting person's continued service.