SunOpta Inc. — Director's Dealing 2021

Jun 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SunOpta Inc. (STKL)
CIK: 0000351834
Period of Report: 2021-06-11

Reporting Person: Reijn Barend (General Manager of CPG Fruit)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-11	Common Shares	M	800	$7.36	Acquired	65489	Direct
2021-06-11	Common Shares	M	4000	$11.30	Acquired	69489	Direct
2021-06-11	Common Shares	M	5000	$10.08	Acquired	74489	Direct
2021-06-11	Common Shares	M	3333	$3.27	Acquired	77822	Direct
2021-06-11	Common Shares	M	9465	$9.50	Acquired	87287	Direct
2021-06-11	Common Shares	M	2586	$9.50	Acquired	89873	Direct
2021-06-11	Common Shares	S	17532	$13.2146	Disposed	72341	Direct
2021-06-14	Common Shares	S	15000	$13.1015	Disposed	57341	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-11	Stock Option (Right to Buy)	$7.36	M	800	Disposed	2023-05-07	Common Shares (800)	Direct
2021-06-11	Stock Option (Right to Buy)	$11.30	M	4000	Disposed	2024-05-13	Common Shares (4000)	Direct
2021-06-11	Stock Option (Right to Buy)	$10.08	M	5000	Disposed	2025-05-12	Common Shares (5000)	Direct
2021-06-11	Stock Option (Right to Buy)	$3.27	M	3333	Disposed	2026-05-24	Common Shares (3333)	Direct
2021-06-11	Stock Option (Right to Buy)	$9.50	M	9465	Disposed	2027-05-24	Common Shares (9465)	Direct
2021-06-11	Stock Option (Right to Buy)	$9.50	M	2586	Disposed	2027-05-24	Common Shares (2586)	Direct

Footnotes

F1: The reporting person elected to exercise his stock options and use the disposition of shares to pay for his right to buy the options.

F2: The price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $13.16 to $14.1599, 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 (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.10 to $13.115, 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 (3) to this Form 4.

F4: The option representing a right to purchase a total of 4,000 shares, became exercisable in five equal annual installments beginning on May 13, 2015, which was the first anniversary of the date on which the option was granted.

F5: The option representing a right to purchase a total of 5,000 shares, became exercisable in five equal annual installments beginning on May 12, 2016, which was the first anniversary of the date on which the option was granted.