secwatch.observer — SEC 8-K summary
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Issuer:     SunOpta Inc. (STKL)
CIK:        0000351834
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001062993-22-011915
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunOpta grants CEO Ennen 1.02M options at $5.91 and 534K PSUs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351834/000106299322011915/0001062993-22-011915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351834/000106299322011915/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-22-011915

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