November 10, 2023 · Form 4 insider transaction
Jamieson Ryan bought 43,478 shares of Snail, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 124 days after the transaction.
Under the Independent Director Agreement the Issuer entered into with Mr. Jamieson (the "Director Agreement"), Mr. Jamieson was issued 43,478 shares of RSUs with a Fair Market Value on the grant date equal to sixty thousand dollars ($60,000) under the under the Issuer's 2022 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs have no expiration date.; The RSUs shall vest in four (4) equal quarterly installments commencing in the quarter following the date of Mr. Jamieson's appointment.