SunOpta (STKL) Form 4 SunOpta / Barend Reijn ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Reijn Barend

(Last) (First) (Middle)

100 ENTERPRISE WAY

SUITE B 101

(Street)

SCOTTS VALLEY CA 95066

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SunOpta Inc. [ STKL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
General Manager of CPG Fruit

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/11/2021		M		800	A	$7.36	65,489	D
Common Shares	06/11/2021		M		4,000	A	$11.3	69,489	D
Common Shares	06/11/2021		M		5,000	A	$10.08	74,489	D
Common Shares	06/11/2021		M		3,333	A	$3.27	77,822	D
Common Shares	06/11/2021		M		9,465	A	$9.5	87,287	D
Common Shares	06/11/2021		M		2,586	A	$9.5	89,873	D
Common Shares	06/11/2021		S		17,532	D(1)	$13.2146(2)	72,341	D
Common Shares	06/14/2021		S		15,000	D	$13.1015(3)	57,341	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$7.36	06/11/2021		M			800	05/07/2018	05/07/2023	Common Shares	800	$0.00	0	D
Stock Option (Right to Buy)	$11.3	06/11/2021		M			4,000	(4)	05/13/2024	Common Shares	4,000	$0.00	0	D
Stock Option (Right to Buy)	$10.08	06/11/2021		M			5,000	(5)	05/12/2025	Common Shares	5,000	$0.00	0	D
Stock Option (Right to Buy)	$3.27	06/11/2021		M			3,333	05/24/2019	05/24/2026	Common Shares	3,333	$0.00	0	D
Stock Option (Right to Buy)	$9.5	06/11/2021		M			9,465	05/24/2020	05/24/2027	Common Shares	9,465	$0.00	0	D
Stock Option (Right to Buy)	$9.5	06/11/2021		M			2,586	05/24/2020	05/24/2027	Common Shares	2,586	$0.00	0	D

Explanation of Responses:

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

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

	/s/ Jill Barnett, attorney-in-fact	06/15/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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