Filing Details

Accession Number:
0001193125-17-074806
Form Type:
13D Filing
Publication Date:
2017-03-08 16:37:56
Filed By:
Oaktree Capital Management
Company:
Sunopta Inc. (NASDAQ:STKL)
Filing Date:
2017-03-08
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Oaktree Organics 12,002,721 12,002,721 12,002,721 12.57%
Oaktree Huntington Investment Fund II 2,330,612 2,330,612 2,330,612 2.65%
Oaktree Huntington Investment Fund II GP 2,330,612 2,330,612 2,330,612 2.65%
Oaktree Fund GP 14,333,333 14,333,333 14,333,333 14.73%
Oaktree Fund GP I 14,333,333 14,333,333 14,333,333 14.73%
Oaktree Capital I 14,333,333 14,333,333 14,333,333 14.73%
OCM Holdings I 14,333,333 14,333,333 14,333,333 14.73%
Oaktree Holdings 14,333,333 14,333,333 14,333,333 14.73%
Oaktree Capital Management 2,330,612 2,330,612 2,330,612 2.65%
Oaktree Holdings, Inc 2,330,612 2,330,612 2,330,612 2.65%
Oaktree Capital Group 14,333,333 14,333,333 14,333,333 14.73%
Oaktree Capital Group Holdings GP 14,333,333 14,333,333 14,333,333 14.73%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

SunOpta Inc.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

8676EP108

(CUSIP Number)

Todd E. Molz

Managing Director and General Counsel

Oaktree Capital Group Holdings GP, LLC

333 South Grand Avenue, 28th Floor

Los Angeles, California 90071

(213) 830-6300

With a copy to:

Dennis M. Myers, P.C.

Kirkland & Ellis LLP

300 N. LaSalle Street

Chicago, Illinois 60654

(312) 862-2000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 3, 2017

(Date of Event Which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.

 

 

 

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Organics, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

OO (See Item 3)

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

12,002,721

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

12,002,721

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

12,002,721

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

12.57%

14  

Type of Reporting Person

 

PN


CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Huntington Investment Fund II, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

OO (See Item 3)

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

2,330,612

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

2,330,612

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,330,612

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

2.65%

14  

Type of Reporting Person

 

PN


CUSIP No. 8676EP108

 

 

  1 

 

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Huntington Investment Fund II GP, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

2,330,612 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

2,330,612 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,330,612 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

2.65%

14  

Type of Reporting Person

 

PN

 

 

(1) Solely in its capacity as the general partner of Oaktree Huntington Investment Fund II, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Fund GP, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

OO

 

 

(1) Solely in its capacity as the general partner of Oaktree Organics, L.P. and Oaktree Huntington Investment Fund II GP, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Fund GP I, L.P

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

PN

 

 

(1) Solely in its capacity as the managing member of Oaktree Fund GP, LLC.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Capital I, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

PN

 

 

(1) Solely in its capacity as the general partner of Oaktree Fund GP I, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

OCM Holdings I, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

OO

 

 

(1) Solely in its capacity as the general partner of Oaktree Capital I, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Holdings, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

OO

 

 

(1) Solely in its capacity as the managing member of OCM Holdings I, LLC.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Capital Management, L.P.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

2,330,612 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

2,330,612 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,330,612 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

2.65%

14  

Type of Reporting Person

 

PN

 

 

(1) Solely in its capacity as the investment manager of Oaktree Huntington Investment Fund II GP, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Holdings, Inc.

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

2,330,612 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

2,330,612 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,330,612 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

2.65%

14  

Type of Reporting Person

 

CO

 

 

(1) Solely in its capacity as the general partner of Oaktree Capital Management, L.P.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Capital Group, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

OO

 

 

(1) Solely in its capacity as the managing member of Oaktree Holdings, LLC and as the sole shareholder of Oaktree Holdings, Inc.

CUSIP No. 8676EP108

 

 

  1   

Name of Reporting Person or

I.R.S. Identification No. of Above Person

 

Oaktree Capital Group Holdings GP, LLC

  2  

Check the Appropriate Box if a Member of a Group

(a)  ☐        (b)  ☐

 

  3  

SEC Use Only

 

    

  4  

Source of Funds

 

Not applicable

  5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

    

  6  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7    

Sole Voting Power

 

14,333,333 (1)

     8   

Shared Voting Power

 

None

     9   

Sole Dispositive Power

 

14,333,333 (1)

   10   

Shared Dispositive Power

 

None

11  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

14,333,333 (1)

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  ☐

 

    

13  

Percent of Class Represented by Amount in Row (11)

 

14.73%

14  

Type of Reporting Person

 

OO

 

 

(1) Solely in its capacity as the manager of Oaktree Capital Group, LLC.

Amendment No. 1 to Schedule 13D

This Amendment No. 1 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the SEC) on October 17, 2016 (the Original Schedule 13D). Except as set forth herein, the Original Schedule 13D is unmodified and remains in full force and effect. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Original Schedule 13D.

 

Item 2. Identify and Background

Items 2 (a) - (c) and (f) is hereby amended and supplemented by replacing Annex A of the Original Schedule 13D with the attached Annex A, which is a listing of the directors, executive officers, members and general partners, as applicable, of each Reporting Person (collectively, the Covered Persons). Annex A is hereby incorporated by reference into this Item 2. Each of the Covered Persons that is a natural person is a United States citizen.

 

Item 3. Source and Amount of Funds or Other Consideration

Item 3 of the Original Schedule 13D is hereby amended and supplemented to add the following:

The source of funds for the transactions described in Item 5(c) was the capital contributions of the respective limited partners of the Oaktree Funds. No borrowed funds were used to purchase such Common Shares.

 

Item 4. Purpose of the Transaction

Item 4 of the Original Schedule 13D is hereby amended and supplemented by the following:

After giving effect to the acquisition of 3,000,000 Common Shares reported herein, there are no further Common Shares remaining subject to the exception set forth in the Investor Rights Agreement of the ability of the Oaktree Funds to purchase up to 3,000,000 Common Shares in the market or in private transactions within 12 months of the Private Placement Closing Date without the prior written consent of the Corporation.

 

Item 5. Interest in Securities of the Issuer

Items 5(a)-(b) of the Original Schedule 13D are hereby amended and supplemented as follows:

(a) and (b)

Ownership percentages set forth in this Schedule 13D are based upon a total of 85,974,201 Common Shares of the Issuer issued and outstanding, as reported in the Issuers quarterly report on Form 10-K filed under the Securities Act of 1933, as amended, with the Securities and Exchange Commission on March 2, 2017.

Organics directly holds 12,002,721 Common Shares (assuming the conversion of Preferred Shares held by it into 9,492,800 shares of Common Shares), representing approximately 12.57% of the issued and outstanding Common Shares and has the sole power to vote and dispose of such Common Shares.

OHIF II LP directly holds 2,330,612 Common Shares (assuming the conversion of Preferred Shares held by it into 1,840,533 shares of Common Shares), representing approximately 2.65% of the issued and outstanding Common Shares, and has the sole power to vote and dispose of such Common Shares.

Item 5(c) of the Original Schedule 13D is hereby amended and supplemented as follows:

(c)

Information concerning transactions in the Common Shares effected by the Reporting Persons during the past sixty days is set forth in Annex B hereto and is incorporated herein by reference. All of the transactions in Common Shares listed hereto were effected in the open market.


SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated as of March 8, 2017

 

OAKTREE ORGANICS, L.P.
By:   Oaktree Fund GP, LLC
Its:   General Partner
By:   Oaktree Fund GP I, L.P.
Its:   Managing Member
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Authorized Signatory
OAKTREE HUNTINGTON INVESTMENT FUND II, L.P.
By:   Oaktree Huntington Investment Fund II GP, L.P.
Its:   General Partner
By:   Oaktree Fund GP, LLC
Its:   General Partner
By:   Oaktree Fund GP I, L.P.
Its:   Managing Member
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Authorized Signatory

OAKTREE HUNTINGTON INVESTMENT FUND II GP, L.P.
By:   Oaktree Fund GP, LLC
Its:   General Partner
By:   Oaktree Fund GP I, L.P.
Its:   Managing Member
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Authorized Signatory
OAKTREE FUND GP, LLC
By:   Oaktree Fund GP I, L.P.
Its:   Managing Member
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Authorized Signatory
OAKTREE FUND GP I, L.P.
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Authorized Signatory
OAKTREE CAPITAL I, L.P.
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President
OCM HOLDINGS I, LLC
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President
OAKTREE HOLDINGS, LLC
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President

OAKTREE CAPITAL MANAGEMENT, L.P.
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President
OAKTREE HOLDINGS, INC.
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President
OAKTREE CAPITAL GROUP, LLC
By:   Oaktree Capital Group Holdings GP, LLC
Its:   Manager
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
By:  

/s/ Jamie Toothman

  Name:   Jamie Toothman
  Title:   Vice President

ANNEX A

Oaktree Capital Group Holdings GP, LLC

Oaktree Capital Group Holdings GP, LLC is managed by an executive committee. The name and principal occupation of each of the members of the executive committee of Oaktree Capital Group Holdings GP, LLC and its executive officers are listed below.

 

Name    Principal Occupation

Howard S. Marks

   Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P.

Bruce A. Karsh

   Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.

Jay S. Wintrob

   Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P.

John B. Frank

   Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P.

David M. Kirchheimer

   Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P.

Sheldon M. Stone

   Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P.

Oaktree Capital Group, LLC

The name and principal occupation of each of the directors and executive officers of Oaktree Capital Group, LLC are listed below.

 

Name    Principal Occupation

Howard S. Marks

   Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P.

Bruce A. Karsh

   Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.

Jay S. Wintrob

   Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P.

John B. Frank

   Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P.

David M. Kirchheimer

   Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P.

Sheldon M. Stone

   Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P.

Robert E. Denham

   Partner in the law firm of Munger, Tolles & Olson LLP

Larry W. Keele

   Retired

D. Richard Masson

   Owner and general manager of Golden Age Farm, LLC

Wayne G. Pierson

   President of Acorn Investors, LLC and Principal of Clifford Capital Partners, LLC

Marna C. Whittington

   Retired

Todd E. Molz

   General Counsel, Chief Administrative Officer and Secretary of Oaktree Capital Group, LLC and General Counsel and Chief Administrative Officer of Oaktree Capital Management, L.P.

Susan Gentile

   Chief Accounting Officer and Managing Director of Oaktree Capital Group, LLC and Chief Accounting Officer and Managing Director of Oaktree Capital Management, L.P.

Oaktree Holdings, Inc.

The name and principal occupation of each of the directors and executive officers of Oaktree Holdings, Inc. are listed below:

 

Name    Principal Occupation

Howard S. Marks

   Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P.

Bruce A. Karsh

   Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.

Jay S. Wintrob

   Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P.

John B. Frank

   Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P.

David M. Kirchheimer

   Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P.

Todd E. Molz

   General Counsel, Chief Administrative Officer and Secretary of Oaktree Capital Group, LLC and General Counsel, and Chief Administrative Officer of Oaktree Capital Management, L.P.

Susan Gentile

   Chief Accounting Officer and Managing Director of Oaktree Capital Group, LLC and Chief Accounting Officer and Managing Director of Oaktree Capital Management, L.P.

Oaktree Capital Management, L.P.

The general partner of Oaktree Capital Management, L.P. is Oaktree Holdings, Inc.

Oaktree Holdings, LLC

The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC.

OCM Holdings I, LLC

The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC.


Oaktree Capital I, L.P.

The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC.

Oaktree Fund GP I, L.P.

The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P.

Oaktree Fund GP, LLC

The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P.

Oaktree Huntington Investment Fund II GP, L.P.

The general partner of Oaktree Huntington Investment Fund II GP, L.P. is Oaktree Fund GP, LLC.

Oaktree Huntington Investment Fund II, L.P.

The general partner of Oaktree Huntington Investment Fund II, L.P. is Oaktree Huntington Investment Fund II, L.P.

Oaktree Organics, L.P.

The general partner of Oaktree Organics, L.P. is Oaktree Fund GP, LLC.


ANNEX B

TRANSACTIONS IN COMMON SHARES BY THE REPORTING PERSONS

The following tables set forth all transactions in Common Shares effected by the Reporting Persons in the past sixty days. All prices per share exclude commissions. All transactions were open market brokered transactions.

Oaktree Organics, L.P.

 

Date of Sale

   Total Shares Purchased      Price Per Share  

03/03/2017

     924,487      $ 6.91 (1) 

03/03/2017

     104,580      $ 6.80 (2) 

03/03/2017

     535,450      $ 6.80 (3) 

03/06/2017

     1,255      $ 6.43  

03/06/2017

     17,969      $ 6.46 (4) 

03/06/2017

     926,180      $ 6.96  

Oaktree Huntington Investment Fund II, L.P.

 

Date of Sale

   Total Shares Purchased      Price Per Share  

03/03/2017

     180,513      $ 6.91 (1) 

03/03/2017

     20,420      $ 6.80 (2) 

03/03/2017

     104,550      $ 6.80 (3) 

03/06/2017

     245      $ 6.43  

03/06/2017

     3,508      $ 6.46 (4) 

03/06/2017

     180,843      $ 6.96  

 

(1) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.20 to $7.05, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes 1 through 4.
(2) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.40 to $6.90, inclusive.
(3) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.45 to $6.95, inclusive.
(4) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.40 to $6.50, inclusive.