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