4//SEC Filing
Reijn Barend 4
Accession 0001209191-21-046638
CIK 0000351834other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 8:57 PM ET
Size
9.8 KB
Accession
0001209191-21-046638
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Reijn Barend
General Manager of CPG Fruit
Transactions
- Exercise/Conversion
Common Shares
2021-07-10+6,835→ 64,176 total - Exercise/Conversion
Performance Stock Units
2021-07-10−6,835→ 13,671 total→ Common Shares (6,835 underlying) - Tax Payment
Common Shares
2021-07-10$12.33/sh−3,253$40,109→ 60,923 total
Footnotes (4)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F2]This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the PSUs.
- [F3]The reporting person was granted performance stock units (the "Performance Units") on July 10, 2020. The vesting of the Performance Units is subject to the satisfaction of certain fiscal year EBITDA achieved during the period commencing on the grant date and ending on December 31, 2022 (the "Performance Period"). For the EBITDA performance conditions, 1/3 of the Performance Units will vest upon the Company achieving annual adjusted EBITDA of $80,000,000, another 1/3 will vest upon the Company achieving annual adjusted EBITDA of $100,000,000, and the final 1/3 will vest upon the Company achieving annual adjusted EBITDA of $110,000,000 during the Performance Period, and subject to continued employment through the end of the fiscal year the EBITDA performance condition is achieved.
- [F4]The Performance Stock Units do not have an expiration date.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
Related Parties
1- filerCIK 0001789124
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 8:57 PM ET
- Size
- 9.8 KB