Craig Collard - Jun 17, 2024 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role
Director
Signature
By: /s/ Ari Unterman, Attorney-in-Fact
Stock symbol
TSNDF
Transactions as of
Jun 17, 2024
Transactions value $
$0
Form type
4
Date filed
6/20/2024, 05:30 PM
Previous filing
Apr 19, 2024
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSNDF Common Shares Award $0 +163K +29.51% $0.00 717K Jun 17, 2024 Direct F1

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 Share Option (Right to Buy) Disposed to Issuer $0 -150K -100% $0.00* 0 Jun 17, 2024 Common Shares 150K $6.44 Direct F2
transaction TSNDF Share Option (Right to Buy) Award $0 +150K $0.00 150K Jun 17, 2024 Common Shares 150K $6.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent a restricted share unit ("RSU") award for service as a director of the Issuer. The shares underlying the RSUs will vest in full on December 31, 2024, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
F2 The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on April 24, 2019, and is fully vested.