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