Albert Foreman - 30 Dec 2023 Form 4 Insider Report for Gold Flora Corp. (GRAM)

Role
Director
Signature
/s/ Albert Foreman
Issuer symbol
GRAM
Transactions as of
30 Dec 2023
Transactions value $
$0
Form type
4
Filing time
02 Jan 2024, 16:59:01 UTC
Previous filing
04 Dec 2023
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAM Common Shares Options Exercise +8.38K +18.65% 53.3K 30 Dec 2023 Direct F1
transaction GRAM Common Shares Options Exercise +506 +0.95% 53.8K 01 Jan 2024 Direct F1
holding GRAM Common Shares 4.09M 30 Dec 2023 See Footnote 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 GRAM Restricted Stock Units Options Exercise $0 -8.38K -13.58% $0.00 53.3K 30 Dec 2023 Common Share 8.38K Direct F3
transaction GRAM Restricted Stock Units Options Exercise $0 -506 -0.95% $0.00 52.8K 01 Jan 2024 Common Shares 506 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis.
F2 Represents Common Shares held by affiliates of Tuatara Capital. Mr. Foreman is a Managing Partner and the Chief Investment Officer of Tuatara Capital and shares voting and dispositive power of these Common Shares with two other persons. Mr. Foreman disclaims beneficial ownership over these shares, except to the extent of his pecuniary interest.
F3 On June 30, 2022, the reporting person was granted 100,000 RSU's, 33% of which vested 1 year after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 8 equal quarterly installments. On June 1, 2021, the reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.