4//SEC Filing
Largey David 4
Accession 0001209191-22-023383
CIK 0000351834other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 9:36 PM ET
Size
9.6 KB
Accession
0001209191-22-023383
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Largey David
Chief Quality Officer
Transactions
- Exercise/Conversion
Common Shares
2022-04-01+4,043→ 72,952 total - Tax Payment
Common Shares
2022-04-01$5.14/sh−1,597$8,209→ 71,355 total - Exercise/Conversion
Performance Stock Units
2022-04-01−4,043→ 4,044 total→ Common Shares (4,043 underlying)
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"). The vesting of this 1/3 of the Performance Units is due to the company achieving annual EBITDA of $58,000,000 (as modified by the Board of Directors, at its sole discretion, from $100,000,000) 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 0001788867
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 9:36 PM ET
- Size
- 9.6 KB