SEC Form 4 · accession 0001209191-17-052103
SunOpta Inc. · STKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Ruelle
Officer — CAO and SVP
Period of report
Sep 6, 2017
Accepted (ET)
Sep 8, 2017 · 5:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351834
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares | Sep 6, 2017 | M | 14,602 | $3.27 | A | 38,361 | D | |
| Common sharesF1 | Sep 6, 2017 | S | 38,361 | $8.75 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2 | $3.27 | Sep 6, 2017 | M | 14,602 | D | — | May 24, 2026 | Common shares | 14,602 | 29,206 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.70 to $8.775, inclusive. The reporting person undertakes to provide to SunOpta Inc., any security holder of SunOpta Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2The option, representing a right to purchase a total of 43,808 shares, became exercisable in three equal annual installments beginning on May 24, 2017, which was the first anniversary of the date on which the option was granted.