Heinrich Michael 4
4 · Flora Growth Corp. · Filed Oct 27, 2025
Insider Transaction Report
Form 4
Heinrich Michael
DirectorExecutive Chairman
Transactions
- Exercise of In-Money
Convertible Promissory Note
2025-10-23+4,902,220→ 4,902,220 total(indirect: Held by Zero Gravity Labs Inc., a corporation owned and controlled by the Reporting Person)Exercise: $33.34From: 2025-10-23Exp: 2035-09-22→ Common Shares (4,902,220 underlying)
Footnotes (1)
- [F1]Represents issuance of convertible promissory note to Zero Gravity Labs Inc., a Delaware corporation owned and controlled by the Reporting Person, in the principal amount of 50,000,000 OG bitcoin tokens. Subject to shareholder approval, which occurred on October 22, 2025, the entire outstanding amount of principal and interest may be converted, at the option of the Holder, into common shares of the Issuer. The total number of common shares reported on this Form 4 includes 4,499,100 common shares underlying the principal amount of the convertible note, plus 403,120 common shares underlying interest on the convertible note through September 2026.