JW Asset Management, LLC - Jun 22, 2023 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role: Director, 10%+ Owner
Signature: /s/ Jason Klarreich, Attorney-in-Fact, JW Asset Management, LLC
Stock symbol: TSNDF
Transactions as of: Jun 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/26/2023, 05:33 PM
Previous filing: Mar 30, 2023
Next filing: Jun 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TSNDF	RSUs (Common Shares)	Award	$0	+294K	+0.33%	$0.00	88.9M	Jun 22, 2023	Direct	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 is being filed by JW Asset Management, LLC (the "Advisor") on behalf of itself and JW Partners, LP ("JWP"), JW GP, LLC (the "General Partner"), and Jason G. Wild ("Wild" and, together with the Advisor, JWP, and the General Partner, the "Reporting Persons"). The Advisor serves as the investment advisor of JWP. The General Partner serves as general partner to JWP. Wild is the managing member of the Advisor and the General Partner.
F2	The amount of 294,117 in item 4 of Table I reflect the 294,117 restricted share units ("RSUs") granted by the Issuer to Wild as director compensation requiring the filing of this statement. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein. Each of the Advisor, Wild and the General Partner, disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its or his indirect pecuniary interest therein, and this report shall not be deemed an admission that either the Advisor, Wild or the General Partner are the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
F3	The amount of 88,940,024 in item 5 of Table I includes 2,575,364 direct non-derivative securities beneficially owned by Wild, including the RSUs reported on this filing and those previously granted.
F4	The price of $0 was filled in item 4 of Table I because the 294,117 RSUs were an annual grant for Wild's service as a director of the Issuer. The shares underlying the RSUs will vest in full on 12/31/2023, subject to Wild's continuous service with the Issuer as of the vesting date.