Karlsen Glenn Anders 4
4 · GAN Ltd · Filed Jun 9, 2022
Insider Transaction Report
Form 4
GAN LtdGAN
Karlsen Glenn Anders
CEO, Coolbet
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2022-04-27−69,388→ 0 totalExercise: $0.01From: 2022-03-11Exp: 2032-03-11→ Ordinary Shares (69,388 underlying) - Award
Employee Stock Option (right to buy)
2022-04-27+81,640→ 81,640 totalExercise: $0.01Exp: 2032-03-11→ Ordinary Shares (81,640 underlying) - Award
Employee Stock Option (right to buy)
2022-04-27+57,277→ 57,277 totalExercise: $0.01From: 2022-03-11Exp: 2032-03-11→ Ordinary Shares (57,277 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-04-27−68,983→ 0 totalExercise: $0.01Exp: 2032-03-11→ Ordinary Shares (68,983 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 11, 2022, and was fully vested upon grant.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 11, 2022, and provides for vesting as to twenty-five percent (25%) of the shares subject to the option on March 11, 2023, with 1/36th of the shares incrementally vesting each month thereafter, subject to continuing service.