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.