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

Role
SVP and GM
Signature
/s/ Jill Barnett, attorney-in-fact
Stock symbol
STKL
Transactions as of
Mar 18, 2022
Transactions value $
-$63,962
Form type
4
Date filed
3/30/2022, 07:10 PM
Previous filing
Jul 13, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STKL Common Shares Options Exercise +23.3K +15.17% 177K Mar 18, 2022 Direct F1
transaction STKL Common Shares Tax liability -$64K -12.1K -6.84% $5.28 165K Mar 18, 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 -23.3K -50% $0.00 23.3K Mar 18, 2022 Common Shares 23.3K 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.