Mark Castaneda - 07 Jul 2023 Form 4 Insider Report for Gold Flora Corp. (GRAM)

Role: Director
Signature: Mark Castaneda
Issuer symbol: GRAM
Transactions as of: 07 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 11 Jul 2023, 19:31:59 UTC
Previous filing: 05 Jul 2023
Next filing: 02 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAM	Common Shares	Award		+42,990			42,990	07 Jul 2023	Direct	F1

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	Award		+100,000			100,000	07 Jul 2023	Common Shares	100,000		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issued pursuant to a business combination involving TPCO Holding Corp. ("TPCO"), Gold Flora, LLC ("Gold Flora"), Stately Capital Corporation ("Stately"), Gold Flora Corporation ("Issuer") and Golden Grizzly Bear LLC. TPCO, Stately, and Issuer amalgamated to form a new corporation. Issuer common shares and RSUs were issued in exchange for TPCO common shares on a one-for-one basis.
F2	Upon Vesting, RSUs convert into Common Shares on a one-for-one basis.
F3	The Reporting Person received 100,000 restricted stock units ("RSUs"), 33% of which were vested. The remaining RSUs vest in 8 equal quarterly installments beginning on September 30, 2023.