Lauren McNamara - Apr 1, 2024 Form 4 Insider Report for SunOpta Inc. (STKL)

Role
SVP, Business Management
Signature
/s/ Jill Barnett, attorney-in-fact
Stock symbol
STKL
Transactions as of
Apr 1, 2024
Transactions value $
-$38,628
Form type
4
Date filed
4/3/2024, 09:50 PM
Previous filing
Mar 5, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STKL Common Shares Options Exercise +11.2K +13.57% 93.5K Apr 1, 2024 Direct F1
transaction STKL Common Shares Tax liability -$38.6K -5.69K -6.08% $6.79 87.9K Apr 1, 2024 Direct F2

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STKL Performance Stock Units Options Exercise $0 -11.2K -100% $0.00* 0 Apr 1, 2024 Common Shares 11.2K Direct F1
transaction STKL Restricted Stock Units Award $0 +37.6K $0.00 37.6K Apr 1, 2024 Common Shares 37.6K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
F4 The Restricted Stock Units vest in three equal annual installments beginning on April 1, 2025, subject to the continued employment of the reporting person through each such vesting date.
F5 The Restricted Stock Units do not have an expiration date.