Richard Mavrinac - 10 Mar 2022 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role: Director
Signature: By: /s/ Keith Stauffer, by Power of Attorney dated 12/29/2021
Issuer symbol: TSNDF
Transactions as of: 10 Mar 2022
Net transactions value: +$10,996,174,080
Form type: 4
Filing time: 14 Mar 2022, 19:26:35 UTC
Previous filing: 10 Jan 2022
Next filing: 15 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TSNDF	Common Shares	Award	$10,996,174,080	+46,896	+98%	$234480.00^*	94,954	10 Mar 2022	Direct	F1
holding	TSNDF	Common Shares						10,000	10 Mar 2022	By spouse

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

Explanation of Responses:

Id	Content
F1	Upon closing of the acquisition of Gage Growth Corp. ("Gage") by the Registrant on March 10, 2022, the subordinate voting shares of Gage and restricted stock units of Gage held by Mr. Mavrinac were exchanged for 40,213 and 6,683 common shares of the Registrant, respectively, at the exchange ratio set forth in the Arrangement Agreement between Gage and the Registrant, which implies a price of $1.50 per Gage share as of March 9, 2022.

Content

Upon closing of the acquisition of Gage Growth Corp. ("Gage") by the Registrant on March 10, 2022, the subordinate voting shares of Gage and restricted stock units of Gage held by Mr. Mavrinac were exchanged for 40,213 and 6,683 common shares of the Registrant, respectively, at the exchange ratio set forth in the Arrangement Agreement between Gage and the Registrant, which implies a price of $1.50 per Gage share as of March 9, 2022.