Mark Castaneda - Sep 30, 2023 Form 4 Insider Report for Gold Flora Corp. (GRAM)

Role: Director
Signature: /s/ Mark Castaneda
Stock symbol: GRAM
Transactions as of: Sep 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/2/2023, 12:35 PM
Previous filing: Jul 10, 2023
Next filing: Nov 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAM	Common Shares	Options Exercise		+8.38K	+19.48%		51.4K	Sep 30, 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	Options Exercise	$0	-8.38K	-12.5%	$0.00	58.6K	Sep 30, 2023	Common Shares	8.38K		Direct	F1, F2

* 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	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 beginning on September 30, 2023.