0001209191-21-046638.txt : 20210713 0001209191-21-046638.hdr.sgml : 20210713 20210713205736 ACCESSION NUMBER: 0001209191-21-046638 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210710 FILED AS OF DATE: 20210713 DATE AS OF CHANGE: 20210713 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reijn Barend CENTRAL INDEX KEY: 0001789124 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34198 FILM NUMBER: 211089123 MAIL ADDRESS: STREET 1: 100 ENTERPRISE WAY STREET 2: SUITE B 101 CITY: SCOTTS VALLEY STATE: CA ZIP: 95066 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: 0101 BUSINESS ADDRESS: STREET 1: 7301 OHMS LANE STREET 2: SUITE 600 CITY: EDINA STATE: MN ZIP: 55439 BUSINESS PHONE: 952-820-2518 MAIL ADDRESS: STREET 1: 7301 OHMS LANE STREET 2: SUITE 600 CITY: EDINA STATE: MN ZIP: 55439 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 2021-07-10 0 0000351834 SunOpta Inc. STKL 0001789124 Reijn Barend 100 ENTERPRISE WAY SUITE B 101 SCOTTS VALLEY CA 95066 0 1 0 0 General Manager of CPG Fruit Common Shares 2021-07-10 4 M 0 6835 A 64176 D Common Shares 2021-07-10 4 F 0 3253 12.33 D 60923 D Performance Stock Units 2021-07-10 4 M 0 6835 0.00 D Common Shares 6835 13671 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 July 10, 2020. 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"). For the EBITDA performance conditions, 1/3 of the Performance Units will vest upon the Company achieving annual adjusted EBITDA of $80,000,000, another 1/3 will vest upon the Company achieving annual adjusted EBITDA of $100,000,000, and the final 1/3 will vest upon the Company achieving annual adjusted EBITDA of $110,000,000 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 2021-07-13