-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VUzmuIufCvlYD7Fhj6H01ZrckvZLUQKdnjQL0ORlPB+4PnSCJkhQE6lWXp/vPAU2 BLgr+AKg044AzFwfNoKdIA== 0001050502-00-000164.txt : 20000216 0001050502-00-000164.hdr.sgml : 20000216 ACCESSION NUMBER: 0001050502-00-000164 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991006 FILED AS OF DATE: 20000215 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPECTRUM ORGANIC PRODUCTS INC CENTRAL INDEX KEY: 0001034992 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FRUITS, VEG & PRESERVES, JAMS & JELLIES [2033] IRS NUMBER: 943076294 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 000-22231 FILM NUMBER: 544659 BUSINESS ADDRESS: STREET 1: 133 COPELAND ST CITY: PETALUMA STATE: CA ZIP: 94952 BUSINESS PHONE: 7077788900 MAIL ADDRESS: STREET 1: 133 STREET 2: COPELAND STREET CITY: PETALUMA STATE: CA ZIP: 94952 FORMER COMPANY: FORMER CONFORMED NAME: ORGANIC FOOD PRODUCTS INC DATE OF NAME CHANGE: 19970304 COMPANY DATA: COMPANY CONFORMED NAME: PHILLIPS JETHREN CENTRAL INDEX KEY: 0001097468 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: SPECTRUM ORGANIC PRODUCTS INC STREET 2: 133 COPELAND ST CITY: PETALUMA STATE: CA ZIP: 94952 BUSINESS PHONE: 7077788900 MAIL ADDRESS: STREET 1: SPECTRUM ORGANIC PRODUCTS INC STREET 2: 133 COPELAND ST CITY: PETALUMA STATE: CA ZIP: 94952 3 1 FORM 3 ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0104 Expires: December 31, 2001 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 INITIAL 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(f) of the Investment Company Act of 1940 ================================================================================ 1. Name and Address of Reporting Person Phillips, Jethren - -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Spectrum Naturals, Inc. 133 Copeland Street - -------------------------------------------------------------------------------- (Street) Petaluma, CA 94952 - -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Date of Event Requiring Statement (Month/Day/Year) Effective date of Merger of Spectrum Naturals, Inc. and Organic Food Products, Inc. * ================================================================================ 3. IRS or Social Security Number of Reporting Person (Voluntary) ================================================================================ 4. Issuer Name and Ticker or Trading Symbol Spectrum Organic Products, Inc. (SPOP) ================================================================================ 5. Relationship of Reporting Person to Issuer (Check all applicable) [ X ] Director [ X ] 10% Owner [ X ] Officer (give title below) [ ] Other (specify below) Chief Executive Officer -------------------------------------------------------------------- ================================================================================ 6. If Amendment, Date of Original (Month/Year) ================================================================================ 7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person - ---- Form filed by More than One Reporting Person - ----
FORM 3 (continued) ==================================================================================================================================== Table I -- Non-Derivative Securities Beneficially Owned ==================================================================================================================================== 3. Ownership Form: 2. Amount of Securities Direct (D) or 1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr.5) - ------------------------------------------------------------------------------------------------------------------------------------ no par value common stock 31,519,328 D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) * Agreement of Merger has been submitted to the California Secretary of State for filing; as of the date of this filing such Agreement of Merger has not yet been accepted for filing, but when accepted, may be given an effective date prior to the date of acceptance.
FORM 3 (continued) ==================================================================================================================================== Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==================================================================================================================================== 5. Owner- 3. Title and Amount of Securities ship Underlying Derivative Security Form of 2. Date Exercisable (Instr. 4) Derivative and Expiration Date --------------------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of ------------------- or Exercise (D) or Indirect Date Expira- Number Price of Indirect Beneficial 1. Title of Security Exer- tion of Derivative (I) Ownership (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5) - ------------------------------------------------------------------------------------------------------------------------------------ Contingent merger shares ** no par value common stock Unknown D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: ** Pursuant to the terms of the Certificate of Merger, the shareholders of Spectrum Naturals, Inc., including Mr. Phillips, may receive additional shares after the effective date of the Merger as follows: (i) for each share of Organic Food Products, Inc. common stock issued upon exercise, in accordance with their terms, of any and all warrants or options to purchase Organic Food Products, Inc. common stock outstanding as of the effective date of the Merger, Organic Food Products, Inc. shall issue .000434 shares of common stock of the Organic Food Products, Inc. for each share of Spectrum Naturals, Inc.; and (ii) in the event that the Applicable Price (as defined in Section 1.10 of the Agreement and Plan of Merger and Reorganization by and between Orgainc Food Products, Inc. and Spectrum Naturals, Inc. dated as of May 14, 1999) exceeds $0.75 per share (the "Baseline Price"), then for each $0.01 per share above the Baseline Price, Organic Food Products, Inc. shall issue 27,293 shares of common stock of the Organic Food Products, Inc. for each share of Spectrum Naturals, Inc. provided that any such additional shares issued to Spectrum Naturals, Inc. shareholders, together with all other shares issued to Spectrum Naturals, Inc. shareholders in the Merger shall not exceed eighty percent (80%) of the outstanding common stock of Organic Food Products, Inc., including all outstanding options, warrants or other rights to acquire capital stock of Organic Food Products, Inc. As of the date of this filing, no event has occurred which would give rise to the issuance of additional shares under the above adjustment formula. /s/ Jethren Phillips 02/14/00 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient. See Instruction 6 for procedure. -----END PRIVACY-ENHANCED MESSAGE-----