William Scott - Mar 24, 2025 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Role
Director
Signature
/s/ William Scott
Stock symbol
GMGI
Transactions as of
Mar 24, 2025
Transactions value $
$0
Form type
4
Date filed
3/26/2025, 05:10 PM
Previous filing
Jan 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Options Exercise +50K 50K Mar 24, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GMGI Restricted Stock Units Options Exercise $0 +50K $0.00 0 Mar 24, 2025 Common Stock 50K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of 50,000 restricted stock units (RSUs) upon the Issuer meeting a revenue and AEBITDA target as of the end of fiscal 2024, which were settled in shares of common stock.
F2 Each RSU represents the contingent right to receive, at settlement, one share of common stock.
F3 The RSUs were to vest, if at all, at the rate of 1/2 of such RSUs, upon the Issuer meeting certain (1) revenue and (2) Adjusted EBITDA targets, as of the end of fiscal 2024, and upon the public disclosure of such operating results in the Issuer's Annual Report on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. All of such RSUs vested as described in Footnote (1), above.