4//SEC Filing
Neukomm Daniel 4
Accession 0001654954-23-008979
CIK 0001876945other
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 9:41 AM ET
Size
11.7 KB
Accession
0001654954-23-008979
Insider Transaction Report
Form 4
TPCO Holding Corp.GRAMF
Neukomm Daniel
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-07-07−72,562→ 0 total→ Common Shares (72,562 underlying) - Disposition to Issuer
Common Shares
2023-07-07−47,664→ 0 total - Disposition to Issuer
Common Shares
2023-07-07−23,167,744→ 0 total(indirect: See Footnote) - Award
Common Shares
2023-07-07$0.23/sh+13,698,045$3,082,060→ 23,167,744 total(indirect: See Footnote)
Footnotes (6)
- [F1]Represents the disposition of Common Shares in 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 Shares of 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".
- [F2]Represents the payment of Common Shares to GRHP Investments, LLC ("GRHP") triggered by the Business Combination pursuant to an earn-out agreement dated November 24, 2020 (the "Earnout Agreement"). These Common Shares are held by GRHP, in which Mr. Neukomm's wife holds a minority interest. Mr. Neukomm disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
- [F3]In Canadian Dollars. The price represents the deemed price of the Common Shares pursuant to the Earnout Agreement.
- [F4]Represents the disposition of Common Shares held by GRHP in connection with the Business Combination. These Common Shares will be exchanged on a one-for-one basis for common shares of the Resulting Issuer pursuant to the Business Combination.
- [F5]Restricted Stock Units ("RSUs") convert into Common Shares on a one-for-one basis.
- [F6]Represents RSUs that were forfeited in connection with the Business Combination.
Documents
Issuer
TPCO Holding Corp.
CIK 0001876945
Entity typeother
Related Parties
1- filerCIK 0001886757
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 9:41 AM ET
- Size
- 11.7 KB