Brian W. Kocher - 02 Jan 2025 Form 4 Insider Report for SunOpta Inc. (STKL)

Role: CEO, Director
Signature: /s/ Jill Barnett, attorney-in-fact
Issuer symbol: STKL
Transactions as of: 02 Jan 2025
Net transactions value: -$181,557
Form type: 4
Filing time: 06 Jan 2025, 17:55:31 UTC
Previous filing: 14 Mar 2024
Next filing: 07 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STKL	Common Shares	Options Exercise		+48,135			48,135	02 Jan 2025	Direct	F1
transaction	STKL	Common Shares	Tax liability	$123,128	-15,908	-33%	$7.74	32,227	02 Jan 2025	Direct	F2
transaction	STKL	Common Shares	Options Exercise		+24,667	+77%		56,894	02 Jan 2025	Direct	F1
transaction	STKL	Common Shares	Tax liability	$58,429	-7,549	-13%	$7.74	49,345	02 Jan 2025	Direct	F2
holding	STKL	Common Shares						74,000	02 Jan 2025	By Trust	F3

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	Restricted Stock Units	Options Exercise	$0	-48,135	-33%	$0.000000	96,269	02 Jan 2025	Common Shares	48,135		Direct	F1, F4, F5
transaction	STKL	Restricted Stock Units	Options Exercise	$0	-24,667	-33%	$0.000000	49,333	02 Jan 2025	Common Shares	24,667		Direct	F1, F5, F6

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

Explanation of Responses:

Id	Content
F1	Each Restricted 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 RSUs.
F3	The Brian W Kocher Revocable Trust UAD December 23, 2014, for which the reporting person is the co-trustee with his spouse.
F4	The Restricted Stock Units vest in three equal annual installments beginning on January 2, 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.
F6	On March 13, 2024 the reporting person was granted 74,000 restricted stock units, vesting in three equal annual installments beginning on January 2, 2025, subject to the continued employment of the reporting person through each vesting date.