secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K
Filed at:   2022-01-11T23:59:59+00:00
Accession:  0001104659-22-003167
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TerrAscend appoints Ziad Ghanem as President and Chief Operating Officer
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- Ziad Ghanem appointed President and COO effective January 5, 2022.
- Previously President at Parallel (multi-state cannabis operator); 15+ years at Walgreens Boots Alliance.
- Annual base salary $425,000; eligible for 40% bonus; guaranteed 2022 bonus of $170,000.
- Granted 30,000 RSUs and options to purchase 325,000 shares, both vesting over four years.
- If terminated without cause within 12 months, receives accelerated vesting on 7,500 RSUs and 81,250 options plus $212,500 cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000110465922003167/0001104659-22-003167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000110465922003167/tm222579d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-003167

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