4//SEC Filing
Reijn Barend 4
Accession 0001209191-23-038901
CIK 0000351834other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 6:25 PM ET
Size
6.4 KB
Accession
0001209191-23-038901
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Reijn Barend
General Manager of CPG Fruit
Transactions
- Award
Performance Stock Units
2023-06-19+17,220→ 17,220 total→ Common Shares (17,220 underlying)
Footnotes (3)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F2]The Performance Stock Units ("PSUs") vest on April 1, 2024 based upon the Company's gross Adjusted EBITDA (the "Performance Measure") for its 2023 fiscal year. If the Performance Measure is less than $85 million, none of the PSUs will vest and the PSUs will forfeit. If the Performance Measure is at or greater than $85 million, a percentage of the PSUs, ranging from 50% to 100%, will vest in accordance with the vesting table and the remaining PSUs will forfeit. The vested amount increases by one percentage point for each level of Adjusted EBITDA achieved, as specified in the vesting table. If the Performance Measure is greater than or equal to $100 million, all of the PSUs will vest. Vesting is also subject to individual performance and continued employment of the reporting person through the 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 0001789124
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 6:25 PM ET
- Size
- 6.4 KB