Mahes Wickramasinghe - Oct 13, 2022 Form 4 Insider Report for SunOpta Inc. (STKL)

Role
Director
Signature
/s/ Jill Barnett, attorney-in-fact
Stock symbol
STKL
Transactions as of
Oct 13, 2022
Transactions value $
$4,277
Form type
4
Date filed
10/17/2022, 04:55 PM
Previous filing
Aug 3, 2022
Next filing
Oct 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STKL Common Shares Options Exercise +3.54K +109.07% 6.78K Oct 13, 2022 Direct F1
transaction STKL Common Shares Tax liability -$18.6K -1.89K -27.94% $9.81 4.88K Oct 13, 2022 Direct F2
transaction STKL Common Shares Award $39K +3.08K +63.16% $12.66 7.97K Oct 13, 2022 Direct F3
transaction STKL Common Shares Tax liability -$16.2K -1.65K -20.72% $9.81 6.32K Oct 13, 2022 Direct F4

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 -3.54K -100% $0.00* 0 Oct 13, 2022 Common Shares 3.54K Direct F1, F3, F5, F6
* 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 The grant on October 13, 2021 should have been 6,619 RSUs but only 3,535 were granted and subsequently reported. This filing contains the issuance of an additional 3,084 Commons Shares to correct the difference.
F4 This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the issuance of Common Shares.
F5 The Restricted Stock Units vest in one annual installments on October 13, 2022, subject to the continued employment of the reporting person.
F6 The Restricted Stock Units do not have an expiration date.