Lynn K. Gefen - Apr 8, 2024 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role
CHIEF LEGAL OFFICER
Signature
By: /s/ Ari Unterman, Attorney-in-Fact
Stock symbol
TSNDF
Transactions as of
Apr 8, 2024
Transactions value $
-$10,997
Form type
4
Date filed
4/10/2024, 12:37 PM
Previous filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSNDF Common Shares Award $0 +70.4K +132.57% $0.00 123K Apr 8, 2024 Direct F1
transaction TSNDF Common Shares Award $0 +30.2K +24.43% $0.00 154K Apr 8, 2024 Direct F2
transaction TSNDF Common Shares Tax liability -$11K -5.47K -3.56% $2.01 148K Apr 8, 2024 Direct F3
* 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, which shall vest in equal annual installments over a four-year period commencing on April 8, 2024. The vesting of the RSUs is subject to the Reporting Person's continuous service through each such vesting date.
F2 These shares represent an RSU award, which shall vest in full on the one-year anniversary of the date of grant, subject to the Reporting Person's continuous service on such vesting date.
F3 Shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the settlement of RSUs pursuant to an equity plan administered by the Issuer.