Companies 0 See All
Hedge Funds 0 See All
Insiders 0 See All
Institutional Investors 0 See All
Click here to see all results for
Hedge Funds

13D Filing: Oaktree Capital Management and Sunopta Inc. (STKL)

Published on May 18, 2017 at 4:22 pm by Insider Monkey Staff in Hedge Funds

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Oaktree Organics 13,171,474 13,171,474 13,171,474 13.8%
Oaktree Huntington Investment Fund II 2,554,558 2,554,558 2,554,558 2.9%
Oaktree Huntington Investment Fund II GP 2,554,558 2,554,558 2,554,558 2.9%
Oaktree Fund GP 15,726,032 15,726,032 15,726,032 16.2%
Oaktree Fund GP I 15,726,032 15,726,032 15,726,032 16.2%
Oaktree Capital I 15,726,032 15,726,032 15,726,032 16.2%
OCM Holdings I 15,726,032 15,726,032 15,726,032 16.2%
Oaktree Holdings 15,726,032 15,726,032 15,726,032 16.2%
Oaktree Capital Management 2,554,558 2,554,558 2,554,558 2.9%
Oaktree Holdings, Inc 2,554,558 2,554,558 2,554,558 2.9%
Oaktree Capital Group 15,726,032 15,726,032 15,726,032 16.2%
Oaktree Capital Group Holdings GP 15,726,032 15,726,032 15,726,032 16.2%

Follow Howard Marks's Oaktree Capital Management

Page 1 of 19 – SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

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)

May 12, 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.  ☐

Follow Sunopta Inc. (NASDAQ:STKL)

Page 2 of 19 – SEC Filing

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).

Follow Sunopta Inc. (NASDAQ:STKL)

Page 3 of 19 – SEC Filing

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

    13,171,474
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    13,171,474
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    13,171,474
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    13.8%
14

TYPE OF REPORTING PERSON

    PN

Follow Sunopta Inc. (NASDAQ:STKL)

Page 4 of 19 – SEC Filing

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
  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

    2,554,558
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    2,554,558
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,554,558
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    2.9%
14

TYPE OF REPORTING PERSON

    PN

Follow Sunopta Inc. (NASDAQ:STKL)

Page 5 of 19 – SEC Filing

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

    2,554,558 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    2,554,558 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,554,558 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    2.9%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 6 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
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.

Follow Sunopta Inc. (NASDAQ:STKL)

Page 7 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 8 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 9 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 10 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 11 of 19 – SEC Filing

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

    2,554,558 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    2,554,558 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,554,558 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    2.9%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 12 of 19 – SEC Filing

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

    2,554,558 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    2,554,558 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,554,558 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    2.9%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 13 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
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.

Follow Sunopta Inc. (NASDAQ:STKL)

Page 14 of 19 – SEC Filing

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

    15,726,032 (1)
  8

SHARED VOTING POWER

    None
  9

SOLE DISPOSITIVE POWER

    15,726,032 (1)
10

SHARED DISPOSITIVE POWER

    None
11 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    15,726,032 (1)
12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES    ☐
13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

    16.2%
14

TYPE OF REPORTING PERSON

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 15 of 19 – SEC Filing

Amendment No. 3 to Schedule 13D

This Amendment No. 3 (Amendment No. 3) amends and supplements the Schedule 13D filed with the Securities and
Exchange Commission (the SEC) on October 17, 2016, as amended by Amendment No. 1 to the Schedule 13D filed on March 8, 2017, as further amended by Amendment No. 2 to the Schedule 13D filed on May 10, 2017
(as amended, the Schedule 13D). Except as set forth herein, the Schedule 13D remains in full force and effect. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D.

Item 3. Source and Amount of Funds or Other Consideration

Item 3 of the 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 5. Interest in Securities of the Issuer

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

(a) and (b)

Ownership percentages set forth in this Amendment No. 3 are based upon a total of 86,007,186 Common Shares of the Issuer issued and
outstanding, as reported in the Issuers Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 13, 2017.

Organics directly holds 13,171,474 Common Shares (assuming the conversion of Preferred Shares held by it into 9,492,800 shares of Common
Shares), representing approximately 13.8% 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 2,554,558 Common Shares (assuming the conversion of Preferred Shares held by it into 1,840,533 shares of Common
Shares), representing approximately 2.9% 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 A hereto and is incorporated herein by reference. All of the transactions in Common Shares listed hereto were effected in the
open market.

Follow Sunopta Inc. (NASDAQ:STKL)

Page 16 of 19 – SEC Filing

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 May 17, 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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 17 of 19 – SEC Filing

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 18 of 19 – SEC Filing

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

Follow Sunopta Inc. (NASDAQ:STKL)

Page 19 of 19 – SEC Filing

ANNEX A

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 Transaction

 Total Shares Purchased Price Per Share

5/12/2017

 1,168,753 $ 8.00

Oaktree Huntington Investment Fund II, L.P.

Date of Transaction

 Total Shares Purchased Price Per Share

5/12/2017

 223,946 $ 8.00

Follow Sunopta Inc. (NASDAQ:STKL)































































































Related Insider Monkey Articles
13D Filing: Raging Capital Management and Gulfmark Offshore Inc (GLF)13D Filing: Hill Path Capital LP and Seaworld Entertainment Inc. (SEAS)
13D Filing: Tengram Capital Associates, LLC and Differential Brands Group Inc...13D Filing: MAST Capital and Great Elm Capital Group Inc. (GEC)
13D Filing: Edenbrook Capital, LLC and Yume Inc (YUME)13D Filing: Berkshire Partners Holdings LLC and Transdigm Group Inc (TDG)