0001209191-21-027466.txt : 20210419
0001209191-21-027466.hdr.sgml : 20210419
20210419211824
ACCESSION NUMBER: 0001209191-21-027466
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210415
FILED AS OF DATE: 20210419
DATE AS OF CHANGE: 20210419
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Duchscher Robert
CENTRAL INDEX KEY: 0001701397
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34198
FILM NUMBER: 21836068
MAIL ADDRESS:
STREET 1: 7301 OHMS LANE, 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: 0102
BUSINESS ADDRESS:
STREET 1: 2233 ARGENTIA ROAD
STREET 2: SUITE 401
CITY: MISSISSAUGA
STATE: A6
ZIP: L5N 2X7
BUSINESS PHONE: (905) 455-1990
MAIL ADDRESS:
STREET 1: 2233 ARGENTIA ROAD
STREET 2: SUITE 401
CITY: MISSISSAUGA
STATE: A6
ZIP: L5N 2X7
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
2021-04-15
0
0000351834
SunOpta Inc.
STKL
0001701397
Duchscher Robert
7301 OHMS LANE
SUITE 600
EDINA
MN
55439
0
1
0
0
Chief Information Officer
Restricted Stock Units
2021-04-15
4
A
0
2881
0.00
A
Common Shares
2881
2881
D
Performance Stock Units
2021-04-15
4
A
0
11526
0.00
A
Common Shares
11526
11526
D
Stock Option (Right to Buy)
14.77
2021-04-15
4
A
0
4780
0.00
A
Common Shares
4780
4780
D
Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
The Restricted Stock Units vest in three equal annual installments beginning on April 15, 2022, subject to the continued employment of the reporting person through each such vesting date.
The Restricted Stock Units do not have an expiration date.
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 April 15, 2024 (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, none of the PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50th percentile hurdle is met, 100% of the PSUs will vest. If the 75th 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 target number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date.
The Stock Options vest in three equal annual installments beginning on April 15, 2022 subject to the continued employment of the reporting person through each such vesting date.
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
2021-04-19