4//SEC Filing
Engaged Capital Flagship Master Fund, LP 4
Accession 0000921895-22-002503
CIK 0000351834other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 7:24 PM ET
Size
24.7 KB
Accession
0000921895-22-002503
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Engaged Capital Holdings, LLC
10% Owner
Transactions
- Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC) - Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Transactions
- Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC) - Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC)
ENGAGED CAPITAL II LP
10% OwnerOther
Transactions
- Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC)
Welling Glenn W.
10% Owner
Transactions
- Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC)
Engaged Capital II Offshore, Ltd.
10% OwnerOther
Transactions
- Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Engaged Capital LLC
10% Owner
Transactions
- Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC) - Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC)
Transactions
- Sale
Common Shares
2022-08-17$10.71/sh−397,531$4,256,762→ 4,747,346 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-17$10.71/sh−30,149$322,835→ 371,440 total(indirect: By LLC) - Sale
Common Shares
2022-08-16$11.03/sh−67,249$741,783→ 5,144,877 total(indirect: By: Engaged Capital Flagship Master Fund, LP) - Sale
Common Shares
2022-08-16$11.03/sh−478,204$5,274,781→ 401,589 total(indirect: By LLC)
Footnotes (4)
- [F1]This Form 4 is filed jointly by Engaged Capital Flagship Master Fund, LP ("Engaged Capital Flagship Master"), Engaged Capital Co-Invest IV-A, LP ("Engaged Capital Co-Invest IV-A"), Engaged Capital Flagship Fund, LP ("Engaged Capital Fund"), Engaged Capital Flagship Fund, Ltd. ("Engaged Capital Offshore"), Engaged Capital, LLC ("Engaged Capital"), Engaged Capital Holdings, LLC ("Engaged Holdings") and Glenn W. Welling (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that no longer beneficially owns more than 10% of SunOpta Inc.'s (the "Issuer") outstanding Common Shares. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]The sale of 67,249 Common Shares at a price of $11.0304 reported herein is matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with the purchase of 22,561 Common Shares at a price of $5.21 by Engaged Capital Flagship Master on March 2, 2022. The Reporting Persons have made arrangements with the Issuer to voluntarily disgorge $131,314.04 to the Issuer, the full amount of statutory "profit" calculated pursuant to Section 16(b) of the Exchange Act.
- [F3]Securities owned directly by Engaged Capital Flagship Master. As feeder funds of Engaged Capital Flagship Master, each of Engaged Capital Fund and Engaged Capital Offshore may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. As the general partner and investment adviser of Engaged Capital Flagship Master, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, and as the sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master.
- [F4]Securities held in an account separately managed by Engaged Capital (the "Engaged Capital Account"). Engaged Capital, as the investment adviser of the Engaged Capital Account, may be deemed to beneficially own the securities held in the Engaged Capital Account. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities held in the Engaged Capital Account. Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, and as the sole member of Engaged Holdings, may be deemed to beneficially own the securities held in the Engaged Capital Account.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
Related Parties
1- filerCIK 0001580761
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 7:24 PM ET
- Size
- 24.7 KB