4/A//SEC Filing
Grant Rob 4/A
Accession 0001209191-19-038168
CIK 0000351834other
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 9:36 PM ET
Size
6.6 KB
Accession
0001209191-19-038168
Insider Transaction Report
Form 4/AAmended
SunOpta Inc.STKL
Grant Rob
SVP, Supply Chain
Transactions
- Award
Performance Stock Units
2019-06-14+46,661→ 46,661 total→ Common Shares (46,661 underlying)
Footnotes (3)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F2]This amendment is filed for the sole purpose of amending and restating footnote (2) to the original Form 4 as follows: The Performance Stock Units ("PSUs") vest based upon the Company's Adjusted EBITDA, excluding the international organic ingredients and organic soy and corn operations (the "Performance Measure"), as reported by the Company in its Annual Report on Form 10-K for its 2019 fiscal year. If the Performance Measure is less than $20.9 million, none of the PSUs will vest. If the Performance Measure is greater than $20.9 million, a percentage of the PSUs, ranging from 33% to 100%, will vest in accordance with a vesting table. The vested amount increases by one percentage point for each level of the Performance Measure achieved, as specified in the vesting table. If the Performance Measure is greater than or equal to $38.4 million, all of the PSUs will vest. Vesting is also subject to continued employment of the reporting person through vesting date.
- [F3]The Performance Stock Units do not have an expiration date.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
Related Parties
1- filerCIK 0001731154
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 9:36 PM ET
- Size
- 6.6 KB