0001209191-23-038896.txt : 20230621 0001209191-23-038896.hdr.sgml : 20230621 20230621182232 ACCESSION NUMBER: 0001209191-23-038896 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230619 FILED AS OF DATE: 20230621 DATE AS OF CHANGE: 20230621 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: 231031093 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: 1230 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 X0407 4 2023-06-19 0 0000351834 SunOpta Inc. STKL 0001772678 Ennen Joseph 7078 SHADY OAK ROAD EDEN PRAIRIE MN 55344 1 1 0 0 CEO 0 Performance Stock Units 2023-06-19 4 A 0 119926 0.00 A Common Shares 119926 119926 D Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock. The Performance Stock Units ("PSUs") vest on April 1, 2024 based upon the Company's gross Adjusted EBITDA (the "Performance Measure") for its 2023 fiscal year. If the Performance Measure is less than $85 million, none of the PSUs will vest and the PSUs will forfeit. If the Performance Measure is at or greater than $85 million, a percentage of the PSUs, ranging from 50% to 100%, will vest in accordance with the vesting table and the remaining PSUs will forfeit. The vested amount increases by one percentage point for each level of Adjusted EBITDA achieved, as specified in the vesting table. If the Performance Measure is greater than or equal to $100 million, all of the PSUs will vest. Vesting is also subject to individual performance and continued employment of the reporting person through the vesting date. The Performance Stock Units do not have an expiration date. /s/ Jill Barnett, attorney-in-fact 2023-06-21