SEC Form 4 · accession 0000351834-15-000031
SunOpta Inc. · STKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Detlefsen
Director
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 2:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351834
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 12, 2015 | A | 8,929 | A | — | — | Common shares | 8,929 | 8,929 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of STKL common stock
- F2The restricted stock units vest in three equal annual installments beginning on May 12, 2016. Vested shares will be delivered to the reporting person on the following dates: (I) 20% of the vested shares will be delivered in a lump sum in January of the year following the year in which the reporting person's service as a director ceases; and (ii) 80% of the vested shares will be delivered in five annual installments payable each year in January beginning in January of the year following the date on which the reporting person's service as a director ceases and ending when all installments have been paid.