DesRosiers Norman H 4
4 · Galaxy Gaming, Inc. · Filed Jan 2, 2019
Insider Transaction Report
Form 4
DesRosiers Norman H
Director
Transactions
- Award
Common stock
2018-12-31$1.41/sh+13,000$18,330→ 1,421,161 total
Footnotes (2)
- [F1]Shares were received in connection with the Reporting Person's service on the Issuer's Board of Directors.
- [F2]Includes shares under a Voting and Dispositive Control Transfer Agreement (the "VDCTA"), of which the Reporting Person is a recipient. Effective September 22, 2017, Triangulum Partners, LLC ("Triangulum"), entered into a VDCTA with the Reporting Person, pursuant to which Triangulum transferred voting and dispositive control over 1,269,161 shares of common stock of Galaxy Gaming, Inc., held by Triangulum. Pursuant to the terms of the VDCTA, upon the expiration of the term of the VDCTA, all control rights, including all voting and dispositive rights, relating to the shares will revert and return to Triangulum. The VDCTA and the transaction are described more fully in a Current Report on Form 8-K filed by Galaxy Gaming, Inc., on September 27, 2017.