Susan Bracey - Apr 28, 2025 Form 4 Insider Report for GAN Ltd (GAN)

Role
Director
Signature
/s/ Susan Bracey
Stock symbol
GAN
Transactions as of
Apr 28, 2025
Transactions value $
-$19,680
Form type
4
Date filed
5/2/2025, 06:06 AM
Previous filing
Apr 16, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BRACEY SUSAN Director C/O GAN LIMITED, 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS /s/ Susan Bracey 2025-05-02 0001472084

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAN Ordinary Shares Options Exercise +23.7K +26.84% 112K Apr 28, 2025 Direct F1
transaction GAN Ordinary Shares Tax liability -$19.7K -11.2K -10% $1.76 101K Apr 28, 2025 Direct 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 GAN Restricted Stock Units Award $0 +23.7K $0.00 23.7K Apr 28, 2025 Ordinary Shares 23.7K Direct F3, F4
transaction GAN Restricted Stock Units Options Exercise $0 -23.7K -100% $0.00 0 Apr 28, 2025 Ordinary Shares 23.7K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction relates to the settlement of 23,674 restricted stock units ("RSUs") into 23,674 GAN Limited ordinary shares on April 28, 2025.
F2 Represents ordinary shares withheld by the Issuer as payment of tax withholdings due upon vesting of RSUs.
F3 Each RSU represents a contingent right to receive one ordinary share of GAN Limited or the cash equivalent of such share.
F4 The RSUs vested immediately upon grant.