Sylvia Tiscareno - 26 Jan 2025 Form 4 Insider Report for GAN Ltd (GAN)

Role
Chief Legal Officer
Signature
/s/ Sylvia Tiscareno
Issuer symbol
GAN
Transactions as of
26 Jan 2025
Net transactions value
-$10,609
Form type
4
Filing time
27 Jan 2025, 16:24:21 UTC
Previous filing
30 Jul 2024
Next filing
24 Mar 2025
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 +19,132 +15% 149,296 26 Jan 2025 Direct F1
transaction GAN Ordinary Shares Tax liability $10,609 -5,673 -3.8% $1.87 143,623 26 Jan 2025 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 -19,132 -50% $0.000000 19,133 26 Jan 2025 Ordinary Shares 19,132 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 19,132 restricted stock units ("RSUs") into 19,132 GAN Limited ordinary shares on January 26, 2025.
F2 Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
F3 The RSU's were originally granted on January 26, 2022 and settled as to one-fourth of the shares on each of January 26, 2023, January 26, 2024, and January 26, 2025 with the remaining shares settling as to one-fourth on January 26, 2026.