Smurfit Dermot S. 4
4 · GAN Ltd · Filed Apr 10, 2023
Insider Transaction Report
Form 4
GAN LtdGAN
Smurfit Dermot S.
DirectorPresident, CEO
Transactions
- Exercise/Conversion
Ordinary Shares
2023-03-11+87,571→ 1,828,284 total - Tax Payment
Ordinary Shares
2023-03-11$1.46/sh−30,699$44,821→ 1,797,585 total - Exercise/Conversion
Restricted Stock Units
2023-03-11−87,571→ 262,711 total→ Ordinary Shares (87,571 underlying)
Footnotes (3)
- [F1]The transaction relates to the settlement of 87,571 RSUs into 87,571 GAN Limited ordinary shares on March 11, 2023.
- [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 11, 2022 and settled as to one-fourth of the shares on March 11, 2023. 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 11, 2026.