Scott E. Huckins - 10 Jul 2023 Form 4 Insider Report for SunOpta Inc. (STKL)

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	Stock Option (Right to Buy)	Award	$0	+116,820		$0.000000	116,820	10 Jul 2023	Common Shares	116,820	$6.35	Direct	F1, F2
transaction	STKL	Performance Stock Units	Award	$0	+98,560		$0.000000	98,560	10 Jul 2023	Common Shares	98,560		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The Stock Options vest in three equal annual installments beginning on July 10, 2024, subject to the continued employment of the reporting person through each such vesting date.
F2	The options expire 10 years from the award date, subject to continued employment through each such vesting date.
F3	Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.
F4	The Performance Stock Units (PSUs) will vest or lapse on April 15, 2026 (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.
F5	The Performance Stock Units do not have an expiration date.