SEC Form 4 · accession 0001209191-17-036017
SunOpta Inc. · STKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jeffrey Gough
Officer — Chief Human Resources Officer
Period of report
May 24, 2017
Accepted (ET)
May 26, 2017 · 6:24 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,F3 | — | May 24, 2017 | A | 11,884 | A | — | — | common shares | 11,884 | 11,884 | D |
| Stock Options (right to buy) | $6.50 | May 24, 2017 | A | 26,526 | A | May 24, 2020 | May 24, 2027 | common shares | 26,526 | 26,526 | D |
| Performance Stock UnitsF4,F5,F6 | — | May 24, 2017 | A | 59,418 | A | — | — | common shares | 59,418 | 59,418 | 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 24, 2018.
- F3The Restricted Stock Units do not have an expiration date.
- F4Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
- F5The Performance Stock Units will vest, if at all, on May 24, 2020 based upon meeting the following stock performance conditions for 20 consecutive trading days: one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $11.00, one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $14.00, and one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $18.00.
- F6The Performance Stock Units do not have an expiration date.