Alex Igelman - Jan 3, 2023 Form 3 Insider Report for ESPORTS ENTERTAINMENT GROUP, INC. (GMBL)

Role
Chief Executive Officer
Signature
/s/ Greg Page by POA from Alex Igelman
Stock symbol
GMBL
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
3
Date filed
2/24/2023, 05:00 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GMBL Common stock, $0.001 par value 2.5M Jan 3, 2023 Direct F1

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
holding GMBL Employee stock options Jan 3, 2023 Common stock, $0.001 par value 2.5M $0.07 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock awards are being granted as inducement equity awards outside the Company's Esports Entertainment Group, Inc. 2020 Equity and Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The shares of common stock may not be sold or transferred until the six-month anniversary of the date of grant. The stock awards are subject to the terms of an award agreement outlining the specific terms of the stock awards.
F2 Employee stock options were granted on January 3, 2023, and will vest in equal quarterly installments over a one-year period each on March 31, 2023, June 30, 2023, September 30, 2023, and December 31, 2023, subject to continued employment with the Company. The stock options expire on the tenth (10th) anniversary of the grant date and are subject to the terms of an award agreement outlining the specific terms of the stock options.

Remarks:

Exhibit 24