Chang Brian P 4
4 · GAN Ltd · Filed Mar 24, 2025
Insider Transaction Report
Form 4
GAN LtdGAN
Transactions
- Exercise/Conversion
Ordinary Shares
2025-03-23+18,926→ 104,754 total - Exercise/Conversion
Restricted Stock Units
2025-03-23−16,511→ 33,020 total→ Ordinary Shares (16,511 underlying) - Exercise/Conversion
Ordinary Shares
2025-03-23+16,511→ 85,828 total - Tax Payment
Ordinary Shares
2025-03-23$1.78/sh−13,064$23,254→ 91,690 total - Exercise/Conversion
Restricted Stock Units
2025-03-23−18,926→ 37,852 total→ Ordinary Shares (18,926 underlying)
Footnotes (4)
- [F1]The transaction relates to the settlement of RSUs into GAN Limited ordinary shares on March 23, 2025.
- [F2]Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
- [F3]The RSUs were originally granted on August 1, 2023 and settled as to one-fourth of the shares on each of March 23, 2024 and 2025. The remaining RSUs will vest as to 25% annually on each of March 23, 2026, and 2027, and will be 100% vested on March 23, 2027.
- [F4]The RSUs were originally granted on July 22, 2024, and settled as to 18,926 shares immediately upon granting, and 18,926 shares on March 23, 2025. 18,926 shares will vest on each of March 23, 2026, and 2027.