David Largey - May 19, 2022 Form 4 Insider Report for SunOpta Inc. (STKL)

Signature
/s/ Jill Barnett, attorney-in-fact
Stock symbol
STKL
Transactions as of
May 19, 2022
Transactions value $
-$16,326
Form type
4
Date filed
5/23/2022, 09:07 PM
Previous filing
May 9, 2022
Next filing
Jul 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STKL Common Shares Options Exercise $32.1K +6.79K +9.51% $4.73 78.1K May 19, 2022 Direct
transaction STKL Common Shares Sale -$48.4K -6.79K -8.69% $7.14* 71.4K May 19, 2022 Direct F1

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 -6.79K -33.33% $0.00 13.6K May 19, 2022 Common Shares 6.79K $4.73 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.08 to $7.24, 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 (1) to this Form 4.
F2 The Stock Options vest in three equal annual installments beginning on July 10, 2021, subject to the continued employment of the reporting person through each such vesting date.
F3 The options expire 10 years from the award date, subject to continued employment through each such vesting date.