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Flora Growth Corp. — Director's Dealing 2023
Apr 27, 2023
35128_dirs_2023-04-26_15d1d303-3295-4e81-bb3f-3251b6bb2c10.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Flora Growth Corp. (FLGC)
CIK: 0001790169
Period of Report: 2023-04-16-05:00
Reporting Person: Rakine Hussein (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-16-05:00 | Common Shares | A | 1200000 | $0.00 | Acquired | 1692019 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 6925000 | Indirect |
Footnotes
F1: The 1,200,000 Common Shares reported are an equity award of Restricted Common Shares which vest on June 7, 2023.
F2: The Common Shares reported include the following Restricted Common Shares: (i) 1,200,000 shares which vest on June 7, 2023, (ii) 80,000 shares which vest on July 5, 2023, (iii) 149,253 shares which vest on on July 5, 2024 and (iv) 212,766 shares which vest on on July 5, 2025.
F3: These shares are held by ASH Group of Florida LLC ("ASH Group"). Voting and dispositive power over the shares held by ASH Group is held by Ash Group's board of directors, which is comprised of Ali Rakine, Hussein Rakine, Hassan Rakine and Solhail Mitha. The Reporting Person disclaims beneficial ownership of all shares owned by Ash Group, except to the extent of his pecuniary interest therein.