0001209191-22-027963.txt : 20220509 0001209191-22-027963.hdr.sgml : 20220509 20220509213125 ACCESSION NUMBER: 0001209191-22-027963 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220505 FILED AS OF DATE: 20220509 DATE AS OF CHANGE: 20220509 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ennen Joseph CENTRAL INDEX KEY: 0001772678 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34198 FILM NUMBER: 22907079 MAIL ADDRESS: STREET 1: SUNOPTA, 7301 OHMS LANE STREET 2: SUITE 600 CITY: EDINA STATE: MN ZIP: 55439 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SunOpta Inc. CENTRAL INDEX KEY: 0000351834 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-FARM PRODUCT RAW MATERIALS [5150] IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 7078 SHADY OAK ROAD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 BUSINESS PHONE: 952-820-2518 MAIL ADDRESS: STREET 1: 7078 SHADY OAK ROAD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 FORMER COMPANY: FORMER CONFORMED NAME: SUNOPTA INC DATE OF NAME CHANGE: 20031107 FORMER COMPANY: FORMER CONFORMED NAME: STAKE TECHNOLOGY LTD DATE OF NAME CHANGE: 19940901 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-05-05 0 0000351834 SunOpta Inc. STKL 0001772678 Ennen Joseph 7078 SHADY OAK ROAD EDEN PRAIRIE MN 55344 1 1 0 0 CEO Performance Stock Units 2022-05-05 4 A 0 534758 0.00 A Common Shares 534758 534758 D Stock Option (Right to Buy) 5.91 2022-05-05 4 A 0 1017036 0.00 A Common Shares 1017036 1017036 D Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock. The Performance Stock Units (PSUs) will vest or lapse on May 5, 2025 (Vesting Date), depending on the Company's total shareholder return (the "TSR") performance relative to the Russell 3000 Food and Beverage companies during the performance period as described in the award agreement. If none of the hurdles are met, no PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50% percentile hurdle is met, 100% of the PSUs will vest. If the 75% percentile hurdle is met, 125% of the PSUs will vest. If the 90th percentile or above is met, 200% of the PSUs will vest. The number included in column 5 of Table II reflects the number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date. The Performance Stock Units do not have an expiration date. The Stock Options vest in three equal annual installments beginning on May 5, 2023 subject to the continued employment of the reporting person through each such vesting date. These options qualify as incentive stock options. The Stock Options, once vested, will expire 10 years after each such vesting date, subject to continued employment through that vesting date. /s/ Jill Barnett, attorney-in-fact 2022-05-09