Rob Phythian - Jul 24, 2025 Form 4 Insider Report for SharpLink Gaming, Inc. (SBET)

Role
Co-Chief Executive Officer, Director
Signature
/s/ Rob Phythian
Stock symbol
SBET
Transactions as of
Jul 24, 2025
Transactions value $
$0
Form type
4
Date filed
7/29/2025, 06:15 AM
Previous filing
Jul 3, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Phythian Rob Co-Chief Executive Officer, Director C/O SHARPLINK GAMING, INC., 333 WASHINGTON AVENUE NORTH, MINNEAPOLIS /s/ Rob Phythian 2025-07-28 0001961620

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 SBET Restricted Stock Units Award +18.3K 18.3K Mar 19, 2025 Common Stock 18.3K Direct F1, F2, F3
transaction SBET Restricted Stock Units Award +225K 225K May 26, 2025 Common Stock 225K Direct F1, F2, F4
transaction SBET Restricted Stock Units Award +156K 156K Jul 24, 2025 Common Stock 156K Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These grants were approved by the Board of Directors (the "Board") on March 19, 2025 and May 26, 2025, subject to stockholder approval of an amendment to the SharpLink Gaming, Inc. 2023 Equity Incentive Plan (the "Plan Amendment"), which provides that, an additional 8,000,000 shares of the Company's common stock will be made available pursuant to the Plan Amendment. The stockholders approved the Plan Amendment on July 24, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of SharpLink Gaming, Inc common stock.
F3 The restricted stock units shall be fully vested at the close of business on December 31, 2025, subject to the Reporting Person's continued employment with the Issuer as of the vesting date.
F4 The restricted stock units shall vest in one-third increments at the close of business on the first three anniversaries of the Issuer's special meeting of stockholders where the Plan Amendment was approved, subject to the Reporting Person's continued employment with the Issuer as of the vesting date.
F5 Restricted stock units issued in connection with the new employment agreement entered into on July 24, 2025 by and between the Reporting Person and the Issuer.
F6 The restricted stock units shall vest with one-third (1/3) on the first (1st) anniversary of July 24, 2025, and the remaining units vesting in equal quarterly installments thereafter, subject to the Reporting Person's continued employment with the Issuer as of the vesting date.

Remarks:

Note: 1. On July 24, 2025, the reporting person was also granted performance-based restricted stock units that are subject to material conditions beyond the reporting person's control, and, therefore, are not considered derivative securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and are excluded from this report. 2. For purposes of Footnote 6 to this Form 4, the grant date, or July 24, 2025, for such restricted stock unit awards means the date that the Company established the vesting terms and the number of shares subject to the grant under the employment agreement; however the Compensation Committee has 30 days to formally approve the grant and register the shares.