4//SEC Filing
Oaktree Huntington Investment Fund II, L.P. 4
Accession 0000899243-20-011444
CIK 0000351834other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 5:12 PM ET
Size
13.0 KB
Accession
0000899243-20-011444
Insider Transaction Report
Form 4
SunOpta Inc.STKL
Partners Ltd
10% Owner
Transactions
- Other
Special Shares, Series 2
2020-04-24+0→ 0 total - Purchase
Series B-1 Preferred Stock
2020-04-24$1000.00/sh+2,461.48$2,461,480→ 2,461.48 total→ Common Shares (984,592 underlying)
Transactions
- Purchase
Series B-1 Preferred Stock
2020-04-24$1000.00/sh+2,461.48$2,461,480→ 2,461.48 total→ Common Shares (984,592 underlying) - Other
Special Shares, Series 2
2020-04-24+0→ 0 total
Footnotes (6)
- [F1]Represents up to 6,000,0000 Special Shares, Series 2 (the "Special Voting Shares") that, subject to certain caps (the "Voting Trust Caps") as provided in the Voting Trust Agreement (as defined below), may be issued and deposited with OCM SunOpta Trustee LLC, an affiliate of the Reporting Persons (as defined below), as trustee (the "Trustee") for and on behalf of Oaktree Huntington Investment Fund II, L.P. ("OHIF") and other holders of Preferred Shares (as defined below) of SunOpta Foods Inc. (the "Subsidiary") from time to time pursuant to a voting trust agreement dated April 24, 2020 (the "Voting Trust Agreement"), among SunOpta Inc. (the "Company"), the Subsidiary, OHIF, Oaktree Organics, L.P. and the Trustee. The Special Shares serve as the mechanism for attaching exchanged voting to the Preferred Shares. As a result of the Voting Trust Caps, no Special Voting Shares have been issued to the Reporting Persons (as defined below).
- [F2]OHIF directly owns the securities reported herein. This Form 4 is also being filed by (i) Oaktree Huntington Investment Fund II GP, L.P. ("OHIF GP") (ii) Oaktree Fund GP, LLC ("Fund GP") in its capacity as general partner of OHIF GP (iii) Oaktree Fund GP I, L.P. ("GP I") in its capacity as managing member of Fund GP; (iv) Oaktree Capital I, L.P. ("Capital I") in its capacity as the general partner of GP I; (v) OCM Holdings I, LLC ("Holdings I") in its capacity as the general partner of Capital I; (vi) Oaktree Holdings, LLC ("Holdings LLC") in its capacity as the managing member of Holdings I;. (vii) Oaktree Capital Group, LLC ("OCG") in its capacity as the managing member of Holdings LLC;
- [F3](Continued from footnote 2) (viii) Oaktree Capital Group Holdings GP, LLC ("OCGH GP") in its capacity as the duly appointed manager of OCG; (ix) Brookfield Asset Management, Inc. ("BAM") in its capacity as the indirect owner of the class A units of OCG and (x) Partners Limited, in its capacity as the sole owner of Class B Limited Voting Shares of BAM (each a "Reporting Person" and, collectively, the "Reporting Persons").
- [F4]Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
- [F5]Shares of the Series B-1 Preferred Stock of the Subsidiary (the "Preferred Shares") may be exchanged at any time into the number of Common Shares of the Company, subject to certain restrictions including those set forth in Note (6) below, equal to, per Preferred Share, the quotient of the liquidation preference of the Preferred Share divided by $2.50 (the "Exchange Price"), subject to customary anti-dilution adjustments, provided that the Exchange Price may not be lower than $2.00 (subject to adjustment in certain circumstances). The Preferred Shares have no expiration date.
- [F6]The number of Common Shares reported herein represents the number of Common Shares that would be issuable upon the exchange of all of the 2,461.48 Preferred Shares held by OHIF without giving effect to the Exchange Caps and the Rights Plan Exchange Cap (each as defined in the Subsidiary's Second Amended and Restated Certificate of Incorporation). The Exchange Caps and the Rights Plan Exchange Cap limit the number Common Shares that are exchangeable by the Reporting Persons for the Preferred Shares.
Documents
Issuer
SunOpta Inc.
CIK 0000351834
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001687181
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 5:12 PM ET
- Size
- 13.0 KB