Keith Stauffer - Nov 9, 2023 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role
CFO
Signature
By: /s/ Ari Unterman, Attorney-in-Fact
Stock symbol
TSNDF
Transactions as of
Nov 9, 2023
Transactions value $
$0
Form type
4
Date filed
11/13/2023, 09:47 AM
Previous filing
Jun 27, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSNDF Common Shares Award +177K +51.71% 520K Nov 9, 2023 Direct F1
holding TSNDF Common Shares 700 Nov 9, 2023 By Spouse F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TSNDF Employee Share Option (right to buy) Disposed to Issuer -300K -30% 700K Nov 9, 2023 Common Shares 300K $2.31 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received 300,000 immediately vested restricted share units ("RSUs") in exchange for the surrender of 300,000 options as provided for in the Reporting Person's employment agreement dated April 22, 2020, of which 122,670 shares were withheld to satisfy the Reporting Person's tax withholding obligations in connection with the settlement of the RSUs.
F2 The reported securities are held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
F3 Fully exercisable.