Endre Nesset - 08 May 2025 Form 4 Insider Report for GAN Ltd (GAN)

Role
President, B2C
Signature
/s/ Jeffrey H. Kuras, by Power of Attorney
Issuer symbol
GAN
Transactions as of
08 May 2025
Net transactions value
+$142
Form type
4
Filing time
09 May 2025, 16:22:44 UTC
Previous filing
30 Aug 2023
Next filing
27 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nesset Endre President, B2C C/O GAN LIMITED, 10845 GRIFFTH PEAK DRIVE, SUITE 200, LAS VEGAS, /s/ Jeffrey H. Kuras, by Power of Attorney 09 May 2025 0001956794

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise $142 +14,166 +15% $0.0100 110,201 08 May 2025 Direct
holding GAN Ordinary Shares 81,846 08 May 2025 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) Options Exercise $0 -2,873 -31% $0.000000 6,321 08 May 2025 Ordinary Shares 2,873 $0.0100 Direct F1
transaction GAN Employee Stock Option (right to buy) Options Exercise $0 -11,293 -24% $0.000000 35,762 08 May 2025 Ordinary Shares 11,293 $0.0100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.