Mike Buick - 18 Mar 2022 Form 4 Insider Report for SunOpta Inc. (STKL)

Role: SVP and GM
Signature: /s/ Jill Barnett, attorney-in-fact
Issuer symbol: STKL
Transactions as of: 18 Mar 2022
Net transactions value: -$63,962
Form type: 4
Filing time: 30 Mar 2022, 19:10:36 UTC
Previous filing: 13 Jul 2021
Next filing: 05 Apr 2022
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		+23,334	+15%		177,130	18 Mar 2022	Direct	F1
transaction	STKL	Common Shares	Tax liability	$63,962	-12,114	-6.8%	$5.28	165,016	18 Mar 2022	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	Restricted Stock Units	Options Exercise	$0	-23,334	-50%	$0.000000	23,333	18 Mar 2022	Common Shares	23,334		Direct	F1, F3, F4, F5

* 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	Due to an administrative oversight, the filing was not immediately completed after the vesting date.
F4	The Restricted Stock Units vest in three equal annual installments beginning on March 18, 2021, 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.