leadership
confidence high
sentiment neutral
materiality 0.50
SunOpta grants CEO Ennen 1.02M options at $5.91 and 534K PSUs
SunOpta Inc.
- Option to purchase 1,017,036 shares at $5.91, vesting 1/3 per year over 3 years, expiring May 5, 2032.
- PSU award of 534,758 target units (200% of target) based on relative TSR vs Russell 3000 Food & Beverage, 3-year performance period.
- Qualifying retirement (age 55+ and 5 years service) accelerates options vesting for 12 months and prorates PSUs if retirement after 1 year.
- PSUs may be settled in cash or shares at Board discretion; maximum payout 200% of target if TSR at or above 90th percentile.