JW Asset Management, LLC - Jun 17, 2024 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Jason Klarreich, Attorney-in-Fact, JW Asset Management, LLC
Stock symbol: TSNDF
Transactions as of: Jun 17, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/20/2024, 04:30 PM
Previous filing: Jan 2, 2024
Next filing: Sep 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TSNDF	Common Shares	Award	$0	+362K	+0.4%	$0.00	90.8M	Jun 17, 2024	Direct	F1, F2, F3, F4

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	Options	Award	$0	+1M	+400%	$0.00	1.25M	Jun 17, 2024	Common Shares	1M	$3.16	Direct	F1, F2, F5, F6

* 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. Wild is the Trustee for the Wild Family Foundation and the Howard Wild 2012 Grandchildren's Trust.
F2	The amount of 362,161 in Item 4 of Table I reflects the 362,161 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. Wild's stock option issuance reflects terms previously granted to Mr. Wild on June 19, 2018 that expired on June 19, 2023, with a revised expiration date of June 19, 2028. 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 90,776,837 in Item 5 of Table I includes 3,037,525 direct non-derivative securities beneficially owned by Wild, including the RSUs previously reported.
F4	The price of 0 was filled in Item 4 of Table I because the 362,161 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 12/31/2024, subject to Wild's continuous service with the Issuer as of the vesting date.
F5	The price of 0 in item 8 of Table II reflects the options being issued without further cost to the Reporting Persons.
F6	The amount of 1,250,000 in Item 9 of Table II reflects the aggregate number of derivative securities directly owned by Wild after the acquisition of the 1,000,000 options on June 17, 2024 as reported in this Form 4.