SCHUTTER EDWARD J bought TSNDF
June 23, 2026 · Form 4 insider transaction
SCHUTTER EDWARD J bought 1,000 shares of TerrAscend Corp. at $1000.00 per share, a transaction worth $1.00M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Represents secured convertible debentures (the "Debentures") of TerrAscend Corp. (the "Company") having an aggregate principal amount of $1,000,000, purchased by the Reporting Person at a purchase price of $1,000 per Debenture in a private placement that closed on June 23, 2026. The Debentures mature on September 30, 2031 and bear interest at 8.00% per annum, payable quarterly in arrears in cash, provided that the Company may elect to pay all or any portion of such interest in kind by capitalizing it as additional principal. The Debentures are convertible at a conversion price of $0.87 per share pursuant to the terms set forth in the Debentures, as may be adjusted pursuant to the terms of the Debentures.; Calculated based on the $1,000,000 aggregate principal amount of Debentures divided by the $0.87 conversion price.