TerrAscend Corp. (TSNDF) CEO Ziad Ghanem granted 350,000 options at $0.52
Rhea-AI Filing Summary
TerrAscend Corp. President and CEO Ziad Ghanem received a grant of 350,000 Employee Share Options on 2026-08-10. Each option has an exercise price of $0.5200 and is exercisable for one Common Share, with an expiration date of 2036-08-10. According to the footnote, the options vest in four equal annual installments beginning on the first anniversary of the grant date. Following this award, Ghanem holds 350,000 derivative securities directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ghanem Ziad
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Share Option (Right to Buy) F1 | 350,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Share Option (Right to Buy) — 350,000 shares (Direct)
Footnotes (1)
- F1. The option vests in four equal annual installments beginning on the first anniversary of the grant date.
Key Figures
Options Granted: 350,000 options
Exercise Price: $0.5200 per share
Expiration Date: 2036-08-10
+2 more
5 metrics
Options Granted
350,000 options
Employee Share Options granted to Ziad Ghanem on 2026-08-10
Exercise Price
$0.5200 per share
Exercise price of Employee Share Options
Expiration Date
2036-08-10
Expiration date of the Employee Share Options
Underlying Shares
350,000 Common Shares
Shares underlying the granted Employee Share Options
Post-transaction Derivative Holdings
350,000 options
Total derivative securities held directly after the grant
Key Terms
Employee Share Option, exercise price, vesting, expiration date
4 terms
exercise price financial
"conversion_or_exercise_price: "0.5200" as the exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The option vests in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2036-08-10" for the options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did TerrAscend Corp. (TSNDF) CEO Ziad Ghanem receive in this Form 4 filing?
Ziad Ghanem received a grant of 350,000 Employee Share Options. Each option is exercisable for one Common Share and was awarded as a compensation-related acquisition, not a market purchase or sale.
What is the exercise price of the options granted to TerrAscend (TSNDF) CEO Ziad Ghanem?
The options have an exercise price of $0.5200 per share. This is the price at which Ghanem can purchase TerrAscend Common Shares upon exercising the options before they expire.
How do the TerrAscend (TSNDF) options granted to Ziad Ghanem vest?
The options vest in four equal annual installments. Vesting begins on the first anniversary of the grant date, meaning portions of the 350,000 options become exercisable over four years.
When do the options granted to TerrAscend (TSNDF) CEO Ziad Ghanem expire?
The options have an expiration date of 2036-08-10. Any unexercised options after this date will lapse, so exercises must occur on or before that expiration date.
How many derivative securities does TerrAscend (TSNDF) CEO Ziad Ghanem hold after this grant?
Following this award, Ghanem holds 350,000 derivative securities. These represent Employee Share Options directly owned, each tied to one underlying TerrAscend Common Share.
AI-generated analysis. How Rhea-AI works. Not financial advice.