4//SEC Filing
Largey David 4
Accession 0001209191-22-027959
CIK 0000351834other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 9:22 PM ET
Size
11.6 KB
Accession
0001209191-22-027959
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Largey David
Chief Quality Officer
Transactions
- Award
Stock Option (Right to Buy)
2022-05-05+8,739→ 8,739 totalExercise: $5.91→ Common Shares (8,739 underlying) - Award
Performance Stock Units
2022-05-05+21,746→ 21,746 total→ Common Shares (21,746 underlying) - Award
Restricted Stock Units
2022-05-05+10,873→ 10,873 total→ Common Shares (10,873 underlying)
Footnotes (8)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F2]The Performance Stock Units (PSUs) will vest or lapse on May 5, 2025 (Vesting Date), depending on the Company's total shareholder return (the "TSR") performance relative to the Russell 3000 Food and Beverage companies during the performance period as described in the award agreement. If none of the hurdles are met, no PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50% percentile hurdle is met, 100% of the PSUs will vest. If the 75% percentile hurdle is met, 125% of the PSUs will vest. If the 90th percentile or above is met, 200% of the PSUs will vest. The number included in column 5 of Table II reflects the number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date.
- [F3]The Performance Stock Units do not have an expiration date.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F5]The Restricted Stock Units vest in three equal annual installments beginning on May 5, 2023 subject to the continued employment of the reporting person through each such vesting date.
- [F6]The Restricted Stock Units do not have an expiration date.
- [F7]The Stock Options vest in three equal annual installments beginning on May 5, 2023 subject to the continued employment of the reporting person through each such vesting date. These options qualify as incentive stock options.
- [F8]The Stock Options, once vested, will expire 10 years after each such vesting date, subject to continued employment through that vesting date.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
Related Parties
1- filerCIK 0001788867
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 9:22 PM ET
- Size
- 11.6 KB