Bryan P. Clark - May 5, 2025 Form 4 Insider Report for SunOpta Inc. (STKL)

Signature
/s/ Chris McCullough attorney-in-fact
Stock symbol
STKL
Transactions as of
May 5, 2025
Transactions value $
-$38,179
Form type
4
Date filed
5/6/2025, 04:38 PM
Previous filing
May 1, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Clark Bryan P SVP, R&D and FSQ 7078 SHADY OAK ROAD, EDEN PRAIRIE /s/ Chris McCullough attorney-in-fact 2025-05-06 0001970488

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STKL Common Shares Options Exercise +15.5K +40.5% 53.6K May 5, 2025 Direct F1
transaction STKL Common Shares Tax liability -$32.1K -7.05K -13.15% $4.55 46.6K May 5, 2025 Direct F2
transaction STKL Common Shares Options Exercise +2.94K +6.32% 49.5K May 5, 2025 Direct F3
transaction STKL Common Shares Tax liability -$6.11K -1.34K -2.71% $4.55 48.2K May 5, 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STKL Performance Stock Units Options Exercise $0 -15.5K -100% $0.00 0 May 5, 2025 Common Shares 15.5K Direct F1, F5, F7
transaction STKL Restricted Stock Units Options Exercise $0 -2.94K -100% $0.00 0 May 5, 2025 Common Shares 2.94K Direct F3, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
F2 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.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
F4 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 RSUs.
F5 The Performance Stock Units (PSUs) will vest or lapse on May 5, 2025 (Vesting Date), depending on the Company's total shareholder return (the "TSR") performance relative to the Russell 3000 Food and Beverage companies during the performance period as described in the award agreement. If none of the hurdles are met, no PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50% percentile hurdle is met, 100% of the PSUs will vest. If the 75% percentile hurdle is met, 125% of the PSUs will vest. If the 90th percentile or above is met, 200% of the PSUs will vest. The number included in column 5 of Table II reflects the number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date.
F6 The Restricted Stock Units vest in three equal annual installments beginning on May 5, 2023 subject to the continued employment of the reporting person through each such vesting date.
F7 The Performance Stock Units do not have an expiration date.
F8 The Restricted Stock Units do not have an expiration date.