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

Role
Director
Signature
By: /s/ Ari Unterman, Attorney-in-Fact
Issuer symbol
TSNDF
Transactions as of
17 Jun 2024
Net transactions value
$0
Form type
4
Filing time
20 Jun 2024, 17:30:17 UTC
Previous filing
19 Apr 2024
Next filing
22 Jul 2024
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 $0 +163,334 +30% $0.000000 716,847 17 Jun 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 -150,000 -100% $0.000000* 0 17 Jun 2024 Common Shares 150,000 $6.44 Direct F2
transaction TSNDF Share Option (Right to Buy) Award $0 +150,000 $0.000000 150,000 17 Jun 2024 Common Shares 150,000 $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.