Engaged Capital LLC's Form 4 filing
SunOpta Inc.STKL · filed Jun 16, 2022
- Accession no.
- 0000921895-22-002018
- Filed
- Jun 16, 2022, 7:33 PM ET
- Trade date
- Jun 14-16, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 2 derivative transactions. Open-market sales total $7.40M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Engaged Capital LLCCIK 0001559771 | 10% Owner |
| Engaged Capital Flagship Fund, L.P.CIK 0001559850 | Other: See Footnote 1 |
| Engaged Capital Flagship Master Fund, LPCIK 0001580761 | Other: See Footnote 1 |
| Engaged Capital Holdings, LLCCIK 0001580769 | 10% Owner |
| Welling Glenn W.CIK 0001580771 | 10% Owner |
| Engaged Capital Flagship Fund, Ltd.CIK 0001619827 | Other: See Footnote 1 |
| Engaged Capital Co-Invest IV-A, LPCIK 0001810615 | Other: See Footnote 1 |
| Engaged Capital Special Situation Fund, LPCIK 0001813061 | Other: See Footnote 1 |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2022 | Common Shares | SSaleDisposed | −602,837 | $7.01 | −$4,227,937.02 | 437,489 | Indirect | |
| Jun 15, 2022 | Common Shares | SSaleDisposed | −437,489 | $7.24 | −$3,167,070.37 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
Represents the reference price associated with the applicable Swap (as defined below).
Referenced by the price of 2 transactions in Table II.
- F6
Engaged Capital Special Situation previously entered into cash-settled total return swap agreements (the "Swaps") with an unaffiliated third party financial institution as the counterparty. Engaged Capital Special Situation no longer has any economic exposure to such Swaps. Previously, the Swaps provided Engaged Capital Special Situation with economic results that are comparable to the economic results of ownership, but did not provide Engaged Capital Special Situation with the power to vote or direct the voting or dispose of or direct the disposition of the common shares that were the subject of the Swap (the "Subject Shares"). The Reporting Persons expressly disclaims beneficial ownership of the Subject Shares except to the extent of their pecuniary interest therein.
Referenced by the price of 2 transactions in Table II.