Aaron Speach - 01 Jul 2022 Form 4 Insider Report for EBET, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ Aaron Speach
Issuer symbol: EBET on OTC
Transactions as of: 01 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Jul 2022, 17:00:10 UTC
Previous filing: 09 Nov 2021
Next filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EBET	Common Stock	Options Exercise		+200,000	+40%		700,000	01 Jul 2022	See Foonote	F1, 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	EBET	Restricted Stock Units	Options Exercise		-200,000	-67%		100,000	01 Jul 2022	Common Stock	200,000		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issued on vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2	200,000 shares of common stock are held by the reporting person and 500,000 shares of common stock are held by Aaron Speachless Entertainment LLC, of which the reporting person is the manager.
F3	The restricted stock units vested as follows: (i) 100,000 shares of common stock based on the Issuer reaching total gross revenues of $10,000,000 in any trailing 12 month period during the term of the employment agreement between the reporting person and the Issuer; and (ii) 100,000 shares of common stock based on the Issuer reaching total gross revenues of $20,000,000 in any trailing 12 month period during the term of the employment agreement between the reporting person and the Issuer.
F4	Issued in connection with the reporting person's employment with the Issuer.