Joseph Ennen - Apr 1, 2022 Form 4 Insider Report for SunOpta Inc. (STKL)

Role: CEO, Director
Signature: /s/ Jill Barnett, attorney-in-fact
Stock symbol: STKL
Transactions as of: Apr 1, 2022
Transactions value $: -$432,125
Form type: 4
Date filed: 4/5/2022, 07:50 PM
Previous filing: Mar 11, 2022
Next filing: Apr 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STKL	Common Shares	Options Exercise		+71.7K	+5.18%		1.45M	Apr 1, 2022	Direct	F1
transaction	STKL	Common Shares	Tax liability	-$181K	-35.3K	-2.42%	$5.14	1.42M	Apr 1, 2022	Direct	F2
transaction	STKL	Common Shares	Options Exercise		+99.2K	+6.99%		1.52M	Apr 1, 2022	Direct	F1
transaction	STKL	Common Shares	Tax liability	-$251K	-48.8K	-3.21%	$5.14	1.47M	Apr 1, 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	-99.2K	-100%	$0.00^*	0	Apr 1, 2022	Common Shares	99.2K		Direct	F1, F3, F4
transaction	STKL	Restricted Stock Units	Options Exercise	$0	-71.7K	-100%	$0.00^*	0	Apr 1, 2022	Common Shares	71.7K		Direct	F1, 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	On April 1, 2019, the reporting person was granted 297,619 restricted stock units, vesting in three equal annual installments beginning on April 1, 2020.
F4	The Restricted Stock Units do not have an expiration date.
F5	On June 18, 2019 the reporting person was granted 215,000 restricted stock units vesting in three equal annual installments beginning on April 1, 2020.