Karen Flores - Aug 31, 2022 Form 4 Insider Report for GAN Ltd (GAN)

Role
EVP, Chief Financial Officer, Director
Signature
/s/ Karen E. Flores
Stock symbol
GAN
Transactions as of
Aug 31, 2022
Transactions value $
-$39,424
Form type
4
Date filed
9/1/2022, 06:31 PM
Previous filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise +43K +661.85% 49.5K Aug 31, 2022 Direct F1
transaction GAN Ordinary Shares Tax liability -$39.4K -14.9K -30.04% $2.65 34.6K Aug 31, 2022 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 -43K -100% $0.00* 0 Aug 31, 2022 Ordinary Shares 43K 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 43,020 RSU's into 43,020 GAN Limited ordinary shares on August 31, 2022.
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 November 27, 2021 and vested in full on August 31, 2022.