Clifford Starke - 15 Dec 2023 Form 4 Insider Report for Flora Growth Corp. (FLGC)

Role: CEO, Director
Signature: /s/ Dany Vaiman as attorney-in-fact for Clifford Starke
Issuer symbol: FLGC
Transactions as of: 15 Dec 2023
Net transactions value: +$48.45
Form type: 4
Filing time: 06 Sep 2024, 17:25:10 UTC
Previous filing: 15 Nov 2023
Next filing: 09 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLGC	Common Shares	Purchase	$48.45	+51	+0.01%	$0.9500	474,046	05 Sep 2024	Direct
holding	FLGC	Common Shares						565,714	15 Dec 2023	See footnote	F1
holding	FLGC	Common Shares						300,347	15 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	FLGC	Stock Appreciation Rights ("SARs")	Award	$0	+1,028,665		$0.000000	1,028,665	15 Dec 2023	Common Shares	1,028,665	$1.21	Direct	F3
transaction	FLGC	Stock Appreciation Rights ("SARs")	Award	$0	+575,319		$0.000000	575,319	14 Aug 2024	Common Shares	575,319	$0.9150	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Held by YT Research, Inc., a company in which the Reporting Person is the sole director and equity owner. The Reporting Person disclaims beneficial ownership of the securities held by YT Research, Inc. except to the extent of his pecuniary interest therein.
F2	Held by Hampstead Private Capital Limited, a company in which the Reporting Person is the sole director and equity owner. The Reporting Person disclaims beneficial ownership of the securities held by Hampstead Private Capital Limited except to the extent of his pecuniary interest therein.
F3	The SARs vest in 12 equal installments, subject to stock price criteria to be met prior to each tranche vesting. The SARs have a post-termination exercise period of one year.