Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Flora Growth ( (FLGC) ) has provided an update.
Flora Growth Corp. shareholders have given the green light to significant stock appreciation rights for CEO Clifford Starke and CFO Dany Vaiman as a reward for their leadership. Under the approved plan, Starke will receive 575,319 rights, while Vaiman will get 191,773, both with an exercise price of $0.9149. These rights are set to vest in multiple tranches, with each tranche requiring a 50% increase in the company’s share price over the exercise price to unlock, reflecting a strong incentive for performance tied directly to shareholder value growth.
For detailed information about FLGC stock, go to TipRanks’ Stock Analysis page.