Batesole Mike's Form 4 filing
Gold Flora Corp. (GRAM) · filed Jul 10, 2023
- Accession no.
- 0001654954-23-008976
- Filed
- Jul 10, 2023, 9:40 AM ET
- Trade date
- Jul 7, 2023
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $18.2K. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Batesole MikeCIK 0001886583 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 7, 2023 | Common Shares | MOption exerciseAcquired | +270,006 | –F1 | – | 528,367 | Direct | |
| Jul 7, 2023 | Common Shares | SSaleDisposed | −114,965 | $0.1587 | −$18,244.95 | 413,402 | Direct | |
| Jul 7, 2023 | Common Shares | DReturned to the companyDisposed | −413,402 | –F3 | – | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the issuance of Common Shares upon the vesting of restricted stock units ("RSUs"). RSUs convert into Common Shares on a one-for-one basis.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
Represents the disposition of Common Sharesin connection with the business combination (the "Business Combination") involving the Issuer, Gold Flora, LLC ("Gold Flora"), Stately Capital Corporation ("Stately"), Gold Flora Corporation ("Newco") and Golden Grizzly Bear LLC ("US Merger Sub") in accordance with the terms and conditions of a business combination agreement entered into among TPCO, Gold Flora, Stately, Newco and US Merger Sub dated February 21, 2023 and an agreement and plan of merger entered into by Newco, US Merger Sub and Gold Flora dated February 21, 2023. As part of the Business Combination, the Issuer, Stately and Newco amalgamated to form a new corporation (the "Resulting Issuer"), the Common Sharesof the Issuer were exchanged on a one-for-one basis for common shares of the Resulting Issuer, and the Resulting Issuer continued from British Columbia into the State of Delaware under the name "Gold Flora Corporation".
Referenced by the price of 1 transaction in Table I.
- F5
Represents the acceleration of vesting of Performance Stock Units ("PSUs") into RSUs in connection with the Business Combination.
Referenced by the price of 1 transaction in Table II.
Remarks
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).