Brian W. Kocher - 02 Jan 2024 Form 3 Insider Report for SunOpta Inc. (STKL)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	STKL	Restricted Stock Units	02 Jan 2024	Common Shares	144,404		Direct	F1, F2, F3
holding	STKL	Performance Stock Units	02 Jan 2024	Common Shares	577,616		Direct	F4, F5, F6
holding	STKL	Stock Option (Right to Buy)	02 Jan 2024	Common Shares	230,804	$5.54	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The Restricted Stock Units vest in three equal annual installments beginning on January 2, 2025.
F2	The Restricted Stock Units do not have an expiration date.
F3	Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
F4	The Performance Stock Units (PSUs) will vest or lapse on April 15, 2027 (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, none of the PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50th percentile hurdle is met, 100% of the PSUs will vest. If the 75th 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 3 of Table II reflects the total number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date.
F5	The Performance Stock Units do not have an expiration date.
F6	Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
F7	The Stock Options vest in three equal annual installments beginning on January 2, 2025.