TerrAscend Corp.
For the period ended Apr 28, 2025. Filed Apr 28, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 28, 2025 · Filed Apr 28, 2025
Contents
Outstanding Equity Awards at 2024 Fiscal Year-End
The following table reflects information regarding outstanding equity-based awards that were held by our NEOs as of December 31, 2024.
| Outstanding Equity Awards | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Option Awards · Stock Awards | ||||||||||
| NamedExecutiveOfficer | Number ofsecuritiesunderlyingunexercisedoptions (#)exercisable | Number ofsecuritiesunderlyingunexercisedoptions (#)unexercisable | Equityincentiveplanawards:Number ofsecuritiesunderlyingunexercisedunearnedoptions(#) | Optionexerciseprice($) | Option grant date | Optionexpirationdate | Numberofsharesor unitsof stockthathavenotvested(#) | Marketvalue ofshares orunits ofstock thathave notvested($) | Equityincentive planawards:Number ofshares orunits of stockthat have notvested (#) | Equity incentiveplan awards:Market orpayout valueof unearnedshares, units orother rightsthat have notvested ($) |
| Ziad Ghanem | 162,500 | 162,500(1) | Nil | 5.55 | 03/21/22 | 01/05/32 | 251,256 | 163,316 | Nil | Nil |
| Nil | Nil | Nil | Nil | Nil | Nil | 15,000 | 9,750 | Nil | Nil | |
| 175,000 | 175,000(1) | Nil | 1.32 | 09/23/22 | 09/23/32 | 85,571 | 55,621 | Nil | Nil | |
| Keith Stauffer | 700,000(2) | Nil | Nil | 2.31 | 04/27/20 | 04/27/30 | 217,588 | 141,412 | Nil | Nil |
| 50,000 | 50,000(1) | Nil | 1.32 | 09/23/22 | 09/23/32 | 187,061 | 121,589 | Nil | Nil | |
| Nil | Nil | Nil | Nil | Nil | Nil | 25,811 | 16,777 | Nil | Nil | |
| Lynn Gefen | Nil | 325,000(1) | Nil | .86 | 11/20/24 | 11/20/34 | 30,151 | 19,598 | Nil | Nil |
| 140,625 | 140,625(1) | Nil | 1.32 | 09/23/22 | 09/23/32 | 70,352 | 45,728 | Nil | Nil | |
| 137,500 | 137,500(1) | Nil | 3.90 | 05/25/22 | 05/25/32 | 39,800 | 25,870 | Nil | Nil | |
(1)
Such Options vest annually over four (4) years from the Grant Date.
(2)
Effective November 9, 2023, pursuant to the Stauffer A&R Agreement, Mr. Stauffer received 300,000 immediately vested RSUs in exchange for the surrender of 300,000 Options granted to Mr. Stauffer pursuant to the Stauffer A&R Agreement, of which 122,670 Common Shares were withheld to satisfy Mr. Stauffer’s tax withholding obligations in connection with the settlement of the RSUs.
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