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Ownership Document
|
| Schema Version: X0202 |
| Document Type: 3 |
| Period of Report: 5/16/05 |
| No Securities Owned: 0 |
| Issuer: |
| Issuer CIK: 1123333 |
| Issuer Name: SPECIALTY LABORATORIES INC |
| Issuer Trading Symbol: SP |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1330486 |
| | Owner Name: Johnson Kevin W |
| Reporting Owner Address: |
| | Owner Street 1: 27027 TOURNEY ROAD |
| | Owner Street 2: |
| | Owner City: VALENCIA |
| | Owner State: CA |
| | Owner ZIP Code: 91355 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Vice President - Finance |
| | Other Text: |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 9.15 |
| | Exercise Date: |
| | | Value: 6/3/05 |
| | Expiration Date: |
| | | Value: 6/3/15 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 15,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 9.25 |
| | Exercise Date: |
| | | Value: 3/23/06 |
| | Expiration Date: |
| | | Value: 3/23/10 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 40,000 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Stock options granted vest 25% on the 1st anniversary of the grant date and then in 36 equal monthly installments. |
| Footnote - F2: Stock options granted vest in 4 equal installments of 25% each beginning on the first anniversary of the grant. |
| Owner Signature: |
| Signature Name: Kevin Johnson by Les McClafferty-Helley, attorney in fact |
| Signature Date: 6/16/05 |
