Smurfit Michael Jr. 4
4 · GAN Ltd · Filed Mar 29, 2021
Insider Transaction Report
Form 4
GAN LtdGAN
Smurfit Michael Jr.
Director
Transactions
- Award
Common Stock
2021-03-09+5,179→ 294,239 total
Footnotes (1)
- [F1]The grant of Common Stock was made pursuant to an RSA with a total value of $130,000. The Issuer's 2020 Equity Incentive Plan states that the fair market value of shares shall be equal to the regular session closing price on the most recent trading date prior to the date of determination. Therefore, based on a grant date of March 9, 2021, the reported number of shares is calculated by dividing the total value of the RSA by the closing price on March 8, 2021, $25.10. $30,000 of the total value of the RSA was granted to the Reporting Person in lieu of retainer fees of $30,000.