Eric J. Green - 13 Apr 2025 Form 4 Insider Report for GAN Ltd (GAN)

Role
Director
Signature
/s/ Eric Green
Issuer symbol
GAN
Transactions as of
13 Apr 2025
Net transactions value
-$69,930
Form type
4
Filing time
16 Apr 2025, 16:31:08 UTC
Previous filing
15 Aug 2024
Next filing
02 May 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 +101,464 +130% 179,559 13 Apr 2025 Direct F1
transaction GAN Ordinary Shares Tax liability $69,930 -40,657 -23% $1.72 138,902 13 Apr 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 Award $0 +101,464 $0.000000 101,464 13 Apr 2025 Ordinary Shares 101,464 Direct F3, F4
transaction GAN Restricted Stock Units Options Exercise $0 -101,464 -100% $0.000000 0 13 Apr 2025 Ordinary Shares 101,464 Direct F1, F4
* 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 101,464 restricted stock units ("RSUs") into 101,464 GAN Limited ordinary shares on April 13, 2025.
F2 Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
F3 Each RSU represents a contingent right to receive one ordinary share of GAN Limited or the cash equivalent of such share.
F4 The RSUs vested immediately upon grant.