UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (Right to Buy) | Â (1) | 05/24/2027 | Common Shares | 10,947 (2) | $ 9.5 | D | Â |
Incentive Stock Options (Right to Buy) | Â (1) | 05/24/2027 | Common Shares | 10,526 (2) | $ 9.5 | D | Â |
Restricted Stock Units | Â (3) | Â (4) | Common Shares | 19,240 (2) | $ (5) | D | Â |
Performance Share Units | Â (6) | Â (4) | Common Shares | 24,050 (2) | $ (7) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lindell John 7301 OHMS LANE SUITE 600 EDINA, MN 55439 |
 |  |  SVP, Fruit |  |
/s/ Jill Barnett, attorney-in-fact | 03/28/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | The grant cliff vests after 3 years on May 24, 2020. |
(2) | These shares were omitted from the reporting person's original Form 3. |
(3) | On May 24, 2017 the reporting person was granted 19,240 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
(4) | This award has no expiration date. Units will either vest or be forfeit. |
(5) | Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock. |
(6) | The Performance Stock Units will vest, if at all, on May 24, 2020 based upon meeting the following stock performance conditions for 20 consecutive trading days: one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $11.00, one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $14.00, and one-third of the Performance Stock Units eligible to vest upon achieving a stock price of $18.00. |
(7) | Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock. |
 Remarks: EXHIBIT LIST Exhibit 24 - Power of Attorney |