4//SEC Filing
Reijn Barend 4
Accession 0001209191-22-024206
CIK 0000351834other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 6:11 PM ET
Size
6.4 KB
Accession
0001209191-22-024206
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Reijn Barend
General Manager of CPG Fruit
Transactions
- Award
Performance Stock Units
2022-04-08+27,504→ 27,504 total→ Common Shares (27,504 underlying)
Footnotes (3)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- [F2]The Performance Stock Units ("PSUs") vest on March 31, 2023 based upon the Company's gross Adjusted EBITDA (the "Performance Measure") for its 2022 fiscal year. If the Performance Measure is less than $67.65 million, none of the PSUs will vest and the PSUs will expire. If the Performance Measure is at or greater than $67.65 million, a percentage of the PSUs, ranging from 50% to 100%, will vest in accordance with the vesting table and the remaining PSUs will expire. 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 $83.15 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.
- [F3]The Performance Stock Units do not have an expiration date.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
Related Parties
1- filerCIK 0001789124
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 6:11 PM ET
- Size
- 6.4 KB