Barend Reijn - 11 Jun 2021 Form 4 Insider Report for SunOpta Inc. (STKL)

Role
General Manager of CPG Fruit
Signature
/s/ Jill Barnett, attorney-in-fact
Issuer symbol
STKL
Transactions as of
11 Jun 2021
Net transactions value
-$201,329
Form type
4
Filing time
15 Jun 2021, 21:59:49 UTC
Previous filing
20 May 2021
Next filing
13 Jul 2021
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 $5,888 +800 +1.2% $7.36 65,489 11 Jun 2021 Direct
transaction STKL Common Shares Options Exercise $45,200 +4,000 +6.1% $11.30 69,489 11 Jun 2021 Direct
transaction STKL Common Shares Options Exercise $50,400 +5,000 +7.2% $10.08 74,489 11 Jun 2021 Direct
transaction STKL Common Shares Options Exercise $10,899 +3,333 +4.5% $3.27 77,822 11 Jun 2021 Direct
transaction STKL Common Shares Options Exercise $89,918 +9,465 +12% $9.50 87,287 11 Jun 2021 Direct
transaction STKL Common Shares Options Exercise $24,567 +2,586 +3% $9.50 89,873 11 Jun 2021 Direct
transaction STKL Common Shares Sale $231,678 -17,532 -20% $13.21 72,341 11 Jun 2021 Direct F1, F2
transaction STKL Common Shares Sale $196,522 -15,000 -21% $13.10 57,341 14 Jun 2021 Direct 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 Stock Option (Right to Buy) Options Exercise $0 -800 -100% $0.000000* 0 11 Jun 2021 Common Shares 800 $7.36 Direct
transaction STKL Stock Option (Right to Buy) Options Exercise $0 -4,000 -100% $0.000000* 0 11 Jun 2021 Common Shares 4,000 $11.30 Direct F4
transaction STKL Stock Option (Right to Buy) Options Exercise $0 -5,000 -100% $0.000000* 0 11 Jun 2021 Common Shares 5,000 $10.08 Direct F5
transaction STKL Stock Option (Right to Buy) Options Exercise $0 -3,333 -100% $0.000000* 0 11 Jun 2021 Common Shares 3,333 $3.27 Direct
transaction STKL Stock Option (Right to Buy) Options Exercise $0 -9,465 -100% $0.000000* 0 11 Jun 2021 Common Shares 9,465 $9.50 Direct
transaction STKL Stock Option (Right to Buy) Options Exercise $0 -2,586 -100% $0.000000* 0 11 Jun 2021 Common Shares 2,586 $9.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to exercise his stock options and use the disposition of shares to pay for his right to buy the options.
F2 The price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $13.16 to $14.1599, inclusive. The reporting person undertakes to provide to SunOpta Inc., any security holder of SunOpta Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.10 to $13.115, inclusive. The reporting person undertakes to provide to SunOpta Inc., any security holder of SunOpta Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
F4 The option representing a right to purchase a total of 4,000 shares, became exercisable in five equal annual installments beginning on May 13, 2015, which was the first anniversary of the date on which the option was granted.
F5 The option representing a right to purchase a total of 5,000 shares, became exercisable in five equal annual installments beginning on May 12, 2016, which was the first anniversary of the date on which the option was granted.