Gardali Giuseppe 4
4 · GAN Ltd · Filed Mar 24, 2025
Insider Transaction Report
Form 4
GAN LtdGAN
Gardali Giuseppe
President, B2B
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-23−7,925→ 15,850 total→ Ordinary Shares (7,925 underlying) - Tax Payment
Ordinary Shares
2025-03-23$1.78/sh−17,902$31,866→ 82,507 total - Exercise/Conversion
Restricted Stock Units
2025-03-23−10,510→ 21,018 total→ Ordinary Shares (10,510 underlying) - Exercise/Conversion
Ordinary Shares
2025-03-23+10,510→ 92,484 total - Exercise/Conversion
Ordinary Shares
2025-03-23+7,925→ 100,409 total - Exercise/Conversion
Ordinary Shares
2025-03-23+19,653→ 81,974 total - Exercise/Conversion
Restricted Stock Units
2025-03-23−19,653→ 39,306 total→ Ordinary Shares (19,653 underlying)
Footnotes (5)
- [F1]The transaction relates to the settlement of restricted stock units ("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 March 23, 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 the anniversary dates of the award, and will be 100% vested on March 23, 2027.
- [F4]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.
- [F5]The RSUs were originally granted on July 22, 2024, and settled as to 7,925 shares immediately upon granting, and 7,925 shares on March 23, 2025. 7,925 shares will vest on each of March 23, 2026, and 2027.