MCCHESNEY THOMAS 4
4 · Golden Matrix Group, Inc. · Filed Mar 26, 2025
Insider Transaction Report
Form 4
MCCHESNEY THOMAS
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2025-03-24+50,000→ 279,397 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2025-03-24+50,000→ 0 total→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Represents the vesting of 50,000 restricted stock units (RSUs) upon the Issuer meeting a revenue and AEBITDA target as of the end of fiscal 2024, which were settled in shares of common stock.
- [F2]Each RSU represents the contingent right to receive, at settlement, one share of common stock.
- [F3]The RSUs were to vest, if at all, at the rate of 1/2 of such RSUs, upon the Issuer meeting certain (1) revenue and (2) Adjusted EBITDA targets, as of the end of fiscal 2024, and upon the public disclosure of such operating results in the Issuer's Annual Report on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. All of such RSUs vested as described in Footnote (1), above.
Signature
/s/ Thomas E. McChesney|2025-03-26