Name | Relationship | Address | Signature | Signature date | CIK |
---|---|---|---|---|---|
Gaba Greg | CFO | 7078 SHADY OAK ROAD, EDEN PRAIRIE | /s/ Chris McCullough attorney-in-fact | 2025-05-06 | 0001997495 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STKL | Common Shares | Options Exercise | +7.9K | +10.59% | 82.5K | May 5, 2025 | Direct | F1 | ||
transaction | STKL | Common Shares | Tax liability | -$16.4K | -3.6K | -4.37% | $4.55 | 78.9K | May 5, 2025 | Direct | F2 |
transaction | STKL | Common Shares | Options Exercise | +1.49K | +1.89% | 80.4K | May 5, 2025 | Direct | F3 | ||
transaction | STKL | Common Shares | Tax liability | -$3.1K | -682 | -0.85% | $4.55 | 79.7K | May 5, 2025 | Direct | F4 |
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 | -7.9K | -100% | $0.00 | 0 | May 5, 2025 | Common Shares | 7.9K | Direct | F1, F5, F7 | |
transaction | STKL | Restricted Stock Units | Options Exercise | $0 | -1.49K | -100% | $0.00 | 0 | May 5, 2025 | Common Shares | 1.49K | Direct | F3, F6, F8 |
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. |