0001209191-23-017175.txt : 20230308
0001209191-23-017175.hdr.sgml : 20230308
20230308160910
ACCESSION NUMBER: 0001209191-23-017175
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230306
FILED AS OF DATE: 20230308
DATE AS OF CHANGE: 20230308
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: 23716217
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: 1231
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
2023-03-06
0
0000351834
SunOpta Inc.
STKL
0001772678
Ennen Joseph
7078 SHADY OAK ROAD
EDEN PRAIRIE
MN
55344
1
1
0
0
CEO
Common Shares
2023-03-06
4
M
0
595238
A
2071694
D
Common Shares
2023-03-06
4
F
0
292858
8.15
D
1778836
D
Performance Share Units
2023-03-06
4
M
0
595238
0.00
D
Common Shares
595238
0
D
Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
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 PSUs.
The reporting person was granted performance stock units (the "Performance Units") on April 1, 2019. The vesting of the Performance Units is subject to the satisfaction of certain fiscal year EBITDA achieved during the period commencing on the grant date and ending on December 31, 2022 (the "Performance Period"). The vesting of these Performance Units is due the Board of Directors approval of achievement of the $65,000,000 and $87,000,000 adjusted EBITDA hurdles (as modified by the Board, at its sole discretion, from $110,000,000 and 140,000,000, respectively) during the Performance Period, and subject to continued employment through the end of the fiscal year the EBITDA performance condition is achieved.
The Performance Stock Units do not have an expiration date.
/s/ Jill Barnett, attorney-in-fact
2023-03-08