Keith Stauffer - 08 Apr 2024 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Role
CFO
Signature
By: /s/ Ari Unterman, Attorney-in-Fact
Issuer symbol
TSNDF
Transactions as of
08 Apr 2024
Net transactions value
-$83,128
Form type
4
Filing time
10 Apr 2024, 12:34:33 UTC
Previous filing
27 Mar 2024
Next filing
20 Jun 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 +217,588 +43% $0.000000 724,681 08 Apr 2024 Direct F1
transaction TSNDF Common Shares Tax liability $83,128 -41,357 -5.7% $2.01 683,324 08 Apr 2024 Direct F2
holding TSNDF Common Shares 700 08 Apr 2024 By Spouse 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 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.
F3 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.